OREANDA-NEWS. On June 03, 2008 Riga district court has affirmed the reconciliation and finished the proceedings in the claim among MAS "Kaija", SIA "JS Ipasumi", SIA "IP Vecmilgravis", SIA "MB Invest" and AS "Latvijas Krajbanka" for the real estate alienation transactions in the amount of 1,78 million lats, reported the press-centre of Latvijas Krajbanka.

The administrator of MAS "Kaija" asked the court to admit null and void those transactions, in which the real estate owned by MAS "Kaija" and situated in Riga, Atlantijas Street were alienated, and to restore MAS "Kaija" proprietary right to those real estate. Thereto, the administrator asked the court to admit null and void the mortgage contracts, concluded between MAS "Kaija" and AS "Latvijas Krajbanka".

The concluded reconciliation foresees that SIA "MB Invest" will pay MAS "Kaija" 71000 lats.

The judgement of the court about the affirmed reconciliation can be appealed within ten days.