MOSCOW, January 23 - RAPSI, Sergei Feklyunin. A commercial court dropped the case at the request of Yaroslavl Electric Machine-Building Plant which applied for Shinnik FC’s bankruptcy, the court told the Russian Legal Information Agency (RAPSI/rapsinews.com) on Monday.

The Yaroslavl Region Commercial Court received the withdrawal request on January 18, on the eve of hearing the plant’s lawsuit to recover nine million rubles ($288,000) in debt from the soccer club.

Established in 1957, Shinnik played in the premier league only once. The 4th place in the 1997 national cup was the acme of its success. Since 2009, Shinnik has been playing in the first league. It is now placed third in the 2011/12 national cup and claims a place in the premier league again.

Yaroslavl is a candidate city to host the 2018 World Cup.