Kerimov Set to Challenge Asset Freeze in Dec. 14 Court Hearing

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Russian billionaire Suleiman Kerimov’s challenge to a freeze on his assets, including stakes in mining company OAO Polyus Gold and fertilizer maker OAO Uralkali, will be heard next month in a Cyprus court.

The case, reviewed today, will be heard again on Dec. 14, George Triantafyllides, a lawyer for Kerimov’s companies, told reporters. The judge will hear testimony from both sides, and won’t make a final decision that day, he said.