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The RF Supreme court recognized that loss of interest in the use of premises is not a reason for termination of a lease agreement.
DATE: September 10, 2015 | AUTHOR: atlawyers
The RF Supreme court recognized that loss of interest in the use of premises is not a reason for termination of a lease agreement. This conclusion was the reason for dismissal of claim of bank “VTB” on termination of lease agreement. Bank “VTB” was in position that a mere possibility of early termination provided in the lease agreement without specifying particular terms is sufficient for early termination of such lease agreement.