A commercial court in Kyiv has closed a case that sought to nullify a 2009 mortgage agreement involving the Ukraina shopping mall that was part of a facility agreement between a Quinn Group company and Anglo Irish Bank (now Irish Bank Resolution Corporation).
Laryssa Yanez Puga, the mall’s former manager, had launched legal proceedings to invalidate the mortgage agreement in April 2011 when IBRC had taken control of nearly 93 per cent of the mall, which was valued at $75 million.