Specht Böhm secures Court victory for Strabag in Moscow
This past July, Specht Böhm’s Moscow team secured a major victory for Strabag in Moscow. The Moscow Arbitration Court awarded our client 491 million Rubles (approximately 11.7 million Euros) in a case challenging three insurance companies which had originally only paid our client 60 million Rubles (approximately 1.4 million Euros). The complex court proceedings lasted for almost two years and began when the insurance companies refused to cover the full amount of damages our client had suffered. Currently, however, we have appealed the decision to obtain a higher compensation (over 22 million Euro) for our client.