RESOLUTION OF THE SUPREME ECONOMIC COURT OF UKRAINE

of April 23, 2007

About money recovery

(determination of Trial chamber on economic cases of the Supreme Court of Ukraine of 14.06.2007 it is refused to open production on review)

Case No. 22/211

NAME OF UKRAINE

The Supreme Economic Court of Ukraine as a part of board of judges:

the chairman - Karabanya V. Ya.

judges: Samusenko S. S., Shepherd V. V.

in proceeding in open court with the assistance of representatives

- Ukrainian Innovative Insurance Company Investservice Ltd - Kulishenko M. Yu.

JSC Ukrliftservice - Брунь O. V.

having considered the writ of appeal of JSC Ukrliftservice

on the resolution of the Kiev Economic Court of Appeal of 20.02.2007

on case N22/211

economic court of Kiev

in the claim of Ukrainian Innovative Insurance Company Investservice Ltd

to JSC Ukrliftservice

about collection of the 79th 230, 52 UAH.

Decision of economic court of Kiev (judge Shkurat A. M.) of 13.12.2006 the claim is satisfied. Collect from Ukrliftservice Open joint stock company for benefit of Private company "The Ukrainian innovative insurance company "Investservice" of 79 230 UAH 52 kopeks and court costs.

Kiev Economic Court of Appeal (judges: Kondes L. O., the Cooper S.V., Kirovski S. V.) reviewed the specified decision in appeal procedure and the resolution of 20.02.2007 left it without changes.

Ukrliftservice open joint stock company, without agreeing with the decision local and the resolution appeal economic courts, made the writ of appeal in which it asks them to cancel and to make the new decision which to stop proceeedings.

According to the complainant to Trial and Appeal Courts regulations of substantive and procedural law are not correctly applied, as led to adoption of wrong decisions.

Having reviewed case papers, having heard agents of the parties, the Supreme Economic Court of Ukraine ESTABLISHED:

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