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Session of Supreme Court on case regarding Auchan land plots near Odesa to be held in Oct
KYIV. Sept 27 (Interfax-Ukraine) – A session of the Grand Chamber of the Supreme Court in the case concerning land plots with an area of 27 hectares of the Auchan holding in the village of Lymanka, Odesa region will be held in October 2021.
"The Grand Chamber of the Supreme Court accepted for consideration the case on the land plots of Auchan in Odesa on December 24, 2020, having determined that there is an "exceptional legal problem" in the case with the obviousness of an "ordered" scenario. However, the session is constantly postponed and the next one is scheduled for October 2021," the lawyers of Ceetrus Ukraine and Auchan Retail Ukraine told Interfax-Ukraine.
According to experts, this delay in the trial will cause alarm among international investors.
"The Auchan case will become a litmus test for the judicial system of Ukraine and will determine whether Ukraine can be entrusted with foreign investments," they said.
As reported, the Odesa Primorsky District Court in April 2019 seized land plots with a total area of about 27 hectares and transferred them to the management of the Asset Recovery and Management Agency (ARMA), evidenced by the court decision in the unified public register of court decisions.
Subsequently, as stated in the decision, ARMA sold the plots transferred to it for management at an auction at a reduced price – for UAH 8.765 million. The winner of the auction was Peluccio LLC (Kyiv).
As reported, Ceetrus Ukraine LLC intended to complete the construction of the first stage of the large-scale three-phase project Les Vignes (Levin, the name is under approval) in 2018 at the intersection of Hlushko Avenue and Zhukov Avenue in the Ovidiopol district of Odesa.
As the UTG consulting company reported in April 2019, the opening dates for the Auchan Les Vignes mall were postponed indefinitely.
