Russian air carrier UTair involved in bankruptcy proceedingsThe Avialeasing investment and finance company filed a motion with the Khanty-Mansiisk Region Commercial Court to recognize Russian air carrier UTair as a bankrupt, the court says on its website on Monday.11:58 08.12.2014
Creditors, Mechel affiliates agree to end bankruptcy proceedingsCreditors have agreed to drop suits against Mechel Energo and Mechel Trans Vostok, controlled by OAO Mechel, seeking debt recovery in bankruptcy proceedings.14:51 01.09.2014
Mezhprombank bankruptcy proceedings to require $11 mlnThe cost of bankruptcy claims in the International Industrial Bank (Mezhprombank) case could cost the government up to 375.4 million rubles ($11 million) between July 1 and September 30, the state Deposit Insurance Agency (DIA) said in a statement.12:49 04.07.2014
Tatarstan Airlines bankruptcy hearing postponed until May 27The Commercial Court of Tatarstan has postponed a bankruptcy hearing for Tatarstan Airlines until May 27, the court told RAPSI this Monday.16:33 12.05.2014
Russian Navigation Technologies files for bankruptcyRussian Navigation Technologies, the largest developer and manufacturer of the GLONASS/GPS-enabled vehicle tracking and control systems in Russia, has filed for bankruptcy.17:41 05.05.2014
Bitcoin exchange company Mt. Gox moves towards liquidation - reportMt. Gox, formerly known as the largest cyber currency exchange service, is due to be liquidated following The Tokyo District Court’s decision to reject company’s bankruptcy protection application, Wall Street Journal reported Wednesday.12:51 17.04.2014
$2 bln suit against top Russian Mezhprombank managers set for June 26A 75-billion-ruble (over $2 billion) lawsuit against the top managers of mogul Sergei Pugachyov’s Mezhprombank (MPB) is set for June 26.11:37 24.03.2014
Bankruptcy abuse prevention bill submitted to State DumaA bankruptcy abuse prevention bill designed to amend the federal law on insolvency (bankruptcy) and the Administrative Offences Code has been submitted to the State Duma.16:03 26.02.2014
Bankruptcy claim against Auchan dismissedThe Moscow Region Commercial Court dismissed the proceedings in Khimsintez claim of bankruptcy against the Auchan retail chain, the court told RAPSI on Friday.16:15 14.02.2014
Detroit bankruptcy fees neared $14 mln in first 75 daysA report filed Tuesday by fee examiner Robert Fishman, who was appointed to work on the bankruptcy case of Detroit revealed that the city has incurred $13.7 million in professional fees and expenses in the reporting period following its July 18 bankruptcy filing.13:43 06.02.2014
Debt threshold for personal bankruptcy filing in Russia to increase to $8.5kThe State Duma has proposed raising the ceiling for personal bankruptcy declarations from 50,000 to 300,000 rubles ($8,580).12:04 06.02.2014
Troubled Russian TagAZ motor plant declared bankruptThe Rostov Region Commercial Court on Wednesday declared the Taganrog Automobile Factory (TagAZ) bankrupt, and opened five-month supervisory proceedings, RAPSI reports from the courtroom.14:34 05.02.2014
Appeal against Master-bank bankruptcy turned downThe Moscow Commercial Court on Monday has rejected the motions filed by Master-bank CEO Boris Bulochnik against the ongoing bankruptcy proceedings in the bank.17:04 27.01.2014
Austrian company files for bankruptcy of three Russian insurersThe Moscow Commercial Court has registered three claims from Strabag AG, a major Austrian construction company, requesting the court to declare Russian insurers Ingosstrakh, AIG Insurance and Reinsurance Company and ACE bankrupt.14:37 16.12.2013
Putin urges adoption of individual bankruptcy lawRussian President Vladimir Putin expressed support for a bill on bankruptcy for individuals at a conference held by the All-Russia People's Front Thursday.16:34 05.12.2013
Detroit's authorities expect to save money by municipal property optimizationThe authorities of US city of Detroit, Michigan, which was deemed eligible Tuesday by a US federal court for Chapter 9 bankruptcy protection, are expecting to save millions of dollars by municipal property optimization and privatization of some enterprises.13:20 04.12.2013
US federal court declares City of Detroit eligible for bankruptcy protectionThe US city of Detroit, Michigan was deemed eligible Tuesday by a US federal court for Chapter 9 bankruptcy protection, local media outlet Detroit Free Press reported.20:34 03.12.2013
Closing arguments to get underway in Detroit bankruptcy trialThe trial to determine whether the City of Detroit’s bankruptcy should be tossed out is set to end Friday after closing arguments take place.18:53 08.11.2013
Mechel Group's factory bankruptcy case goes to courtThe Chelyabinks District Commercial Court has registered a lawsuit filed by Avtopromsnab company in which it asks to declare the Chelyabinsk Metallurgical Plant bankrupt.11:52 10.10.2013
Interavia bankruptcy procedure extended for six monthsThe Moscow Commercial Court has extended for six months the bankruptcy proceedings for Interavia Airlines, RAPSI reported from the courtroom on Thursday.13:03 19.09.2013