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Russia’s largest social network VKontakte is having a legal civil war

By Alfie Joshua1 min readGoogle News

What started a year ago as a shareholder dispute within VKontakte, Russia’s largest social network, appears to be emerging as a full-blown war of litigation. The faction most actively fanning the legal flames is United Capital Partners (UCP), a major Russian fund active in various sectors that acquired a 48 percent stake in VK a year ago. In an initial foray two months ago, UCP took on VKontakte’s other shareholders.

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