Thursday, December 19
A major US investor in Ukraine, Richard A. Deitz, says UZ is ignoring Supreme Court rulings to avoid negotiating a settlement of a $300 million debt.
Tuesday, June 29, 2021
“UZ has used every trick and procedural loophole to delay and draw out each and every court process,” Deitz, president of VR Capital Group Ltd., said June 15 in a 3,500-word testimony before a Rada commission of inquiry on UZ. In February 2019, Deitz’ hedge fund paid $123.5 million for a package of UZ debt with a face value of $300 million acquired at public auction from Prominvestbank, then a Russia-controlled bank.
