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Wednesday, September 1, 2010
Asarco A.G. (Swiss Bank) president died 12-09 without filing bankruptcy papers ... attorneys argue that estate should be settled in Russia...
"....Katamanin also had a home in Switzerland and two apartments in Moscow, according to court filings. In the final year of his life, his passport was stamped 54 times in eight countries, records show....A Russian citizen, he died at age 53 in December in Zurich...of a heart ailment....In March 2008, Katamanin and a man representing himself as an agent of Asarco [Asarco S.A., Asarco inc.] signed the loan agreement under which Plymouth agreed to transfer $12 million into Katamanin’s Swiss bank account, the agreement states. But lawyers ...say...his estate should be settled under Russian law."
Posted by Elpaso at Wednesday, September 01, 2010