Zakhar Smushkin’s ‘Start Development’ Loses 900 Hectares in the Leningrad Region // Vedomosti – No.3959 – 13.11.2015

On 12 November the public prosecutor’s action to recognize the transaction to privatize the site of the Lesnoye Breeding Plant was fully satisfied by the St. Petersburg and Leningrad Region Arbitration Court. The breeding plant is owned by Zakhar Smushkin’s ‘Start Development’.

In the opinion of Evgeniy Druzhinin, Head of Maxima Legal’s Real Estate and Construction Department, the contract is likely to be totally abrogated, following which the territory may be re-privatized.

http://www.vedomosti.ru/realty/articles/2015/11/13/616737-start-development