Russian court introduces supervision procedure in Carlo Pazolini
MOSCOW, August 9 (RAPSI) – The Moscow Commercial Court has granted a motion of Alfa Bank over introduction of supervision procedure against “Firma “Anta” company, the owner of Carlo Pazolini shoe retailer’s brands, the court documents read.
Debt of the company to Alfa Bank is estimated at 862.5 million rubles ($13 million).
On August 3, UniCreditBank filed a claim with the Moscow Commercial Court seeking collection of 1.4 billion rubles ($21 million) from “Firma “Anta”.
Earlier, Alfa-Bank, filed a lawsuit demanding to recover $11.01 million in debt from Carlo Pazolini Trade Limited, Carlo Pazolini Participations and Carlo Pazolini (Switzerland) SA under a loan agreement signed on December 10, 2012. “Firma “Anta” is named as the third party in the case. The claim also includes demand to recover jointly from the companies EUR 8.4 million in debt. The court will consider the lawsuit on October 5.
Moreover, Alfa Bank has lodged a bankruptcy claim against Firma “Anta”.
Carlo Pazolini trademark was created in 1991. There are more than 180 company stores on Russia, Italy, China, Greece, Czech Republic, Ukraine, Azerbaijan and Moldova, according to the retailer’s website.