Aksay Development Company (ADC) owned a plot of land.

Aksay AB was ADC's sole participant.

On 24 May 2011, Nikolay Sedykh and his company M-Development acquired a 100% interest in ADC from a party lacking the authority to dispose of it.

On 14 October 2011, Nikolay Sedykh and M-Development sold their interest in ADC to Blandun Enterprises Limited

Blandun Enterprises Limited was also owned by Nikolay Sedykh.

M-Development was liquidated.

Nikolay Sedykh became the owner of a 100% interest in ADC through Blandun Enterprises Limited.

On 24 December 2011, ADC acting under Nikolay Sedykh's control sold the plot of land to Ms Apanasenko.

The selling price of the plot was understated more than 65 times.

The proceeds from the sale of the plot were not credited to ADC's accounts.

On 26 September 2011, the consultants representing Aksay AB filed a claim for the restoration of corporate control.

The dispute went through three judicial rounds.

On 1 April 2015, SBP’s lawyers successfully concluded the corporate dispute in favor of Aksay AB.

On 5 March 2012, the consultants representing Aksay AB filed a claim seeking to declare the purchase agreement for the plot of land invalid.

The case was suspended pending the decision on the claim for corporate control.

On 14 October 2015, SBP’s lawyers successfully concluded the dispute relating to the sale of the plot, and Aksay AB’s claims were granted.