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Russian companies demand $97.1 million from Carlo Pazolini founder

11:20 31/05/2017

MOSCOW, May 31 (RAPSI) – Several Russian companies and banks have filed six applications with the Moscow Commercial Court asking to include 5.5 billion rubles (about $97.1 million) owed by Carlo Pazolini shoe retailer’s founder Ilya Reznik on the list of creditors' claims, court documents read on Wednesday.

On April 6, the court initiated procedure of debt restructure against Reznik on request of ATB Bank.

On April 14, Alfa Bank filed an application seeking to include a 1.9-billion-ruble debt ($33.6 million) on the list. The application will be considered on August 9.

The court is also reviewing Alfa Bank’s lawsuits against Carlo Pazolini Trade Limited, Carlo Pazolini Participations and Carlo Pazolini (Switzerland) demanding to collect $11.01 million in debt from the companies. “Firma “Anta”, the owner of Carlo Pazolini, is named as the third party in the case. The claim also includes demands to recover jointly from the companies € 8.4 million in debt.

Earlier, the court has granted a motion filed by ATB Bank to include 738.8 million rubles ($12 mln) of debt owed by “Firma “Anta” company, the owner of Carlo Pazolini, in the creditors’ demands list.

In August 2016, the Moscow Commercial Court has granted a motion of Alfa Bank over introducing supervision procedure against “Firma “Anta”. The company’s debt to Alfa Bank was estimated at 862.5 million rubles ($13 million).

Carlo Pazolini brand 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.

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Russian companies demand $97.1 million from Carlo Pazolini founder

11:20 31/05/2017 Several Russian companies and banks have filed six applications with the Moscow Commercial Court asking to include 5.5 billion rubles (about $97.1 million) owed by Carlo Pazolini shoe retailer’s founder Ilya Reznik on the list of creditors' claims.
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