OREANDA-NEWS  On 08 September was announced, that Savelovsky District Court of Moscow satisfied the claim of IJSC Ingosstrakh against N.B. Gradskaya re: levy of interest on the use of a third-party’s cash in the amount of RUR 46 450.

At the beginning of September 2005 IJSC Ingosstrakh insured a Land Rover Discovery 3 owned by N.B. Gradskaya. On May 3, 2006 the insured car was stolen. Being willing to meet the client’s needs, the insurance company paid a compensation of RUR 1 384 370.55 to the client on May 31, 2006. Afterwards the stolen car was located. According to the insurance contract, if a lost vehicle is found, the insurant undertakes to refund the compensation or deregister the vehicle and hand it over to IJSC Ingosstrakh.

N.B. Gradskaya submitted a statement of obligation to refund the insurance compensation, however failing to meet the obligation while still using the car. The company sent numerous reminders to N.B. Gradskaya of the outstanding commitment to the insurance company, but each time the client replied with unmotivated refusals to refund.

IJSC Ingosstrakh was forced to address Savelovsky District Court of Moscow with a claim against N.B. Gradskaya for money recovery under the insurance contract. On November 1, 2007 the court delivered a judgment which was left unaltered by the cassational court, to satisfy the claim in full. Currently, the bailiffs are working on the enforcement of the judgment. The outstanding debt on the part of Ms. Gradskaya is RUR 957 000.