Bankruptcy procedure at Mirax Group extendedThe Moscow Commercial Court extended the supervisory procedures in Mirax Group’s bankruptcy for additional six months.11:39 09.09.2013
WDB Bank's bankruptcy procedure extendedThe Saratov Region Commercial Court has extended the bankruptcy procedure of the Wolga Deutsche Bank (WDB) for six months, the court told RAPSI on Friday.13:05 30.08.2013
Moscow court to consider petition for bankruptcy of New York mogul's companyThe Moscow Commercial Court has registered the International Investment Company's petition for bankruptcy of RIGroup Business, the subsidiary of RIGroup owned by New York real estate mogul Janna Bullock.13:41 26.08.2013
State Duma proposes reducing scope of individuals entitled to file for bankruptcyThe new version of the individual bankruptcy law, submitted for government approval, is tougher on borrowers and easier on banks.12:37 12.07.2013
Government commission approves bill protecting workers from employer bankruptcyThe Government Legislative Commission has approved a bill aimed at encouraging employers to pay their staff on time in the event of bankruptcy, the government said on its website on Monday.12:53 25.06.2013
Bank of Russia appeals ruling to collect $37 million for AMT BankThe Bank of Russia has appealed the Moscow Commercial Court's decision to collect 1.178 billion rubles ($37 million) from the Bank of Russia in favor of AMT Bank.14:14 10.06.2013
Former Rosbank CEO accused of premeditated bankruptcy - reportIgor Krayushkin, former co-owner of Podium, a Moscow-based chain of premium clothes and footwear shops, has accused former Rosbank CEO Vladimir Golubkov of conspiring with his business partner to bankrupt the company.16:15 07.06.2013
Ruling on AMT Bank's bankruptcy upheldThe Moscow Region Federal Commercial Court has upheld the lower court ruling to recognize AMT Bank as bankrupt, the court told RAPSI on Wednesday.14:32 05.06.2013
Troubled Liepajas Metalurgs smelter seeks legal protectionThe ailing Latvian smelter Liepajas Metalurgs has turned to a Liepaja court for legal protection, the company reported in a statement on Monday.15:07 27.05.2013
Raiffeisenbank appeals refusal to nullify JFC loan dealThe Thirteenth Commercial Court of Appeals has agreed to hear a Raiffeisenbank appeal of a lower court ruling that refused to invalidate a one-billion-ruble loan contract between JFC spin-off companies.14:15 16.05.2013
US bankruptcy court approves CEDC restructuring planThe US Bankruptcy Court in Delaware has approved a restructuring plan for the vodka dealer Central European Distribution Corp. (CEDC) according to a statement released by the company.18:03 14.05.2013
Premier Estate agency involved in the Bank of Moscow case declared bankruptThe Moscow Commercial Court has recognized the Premier Estate property dealer bankrupt and has introduced a six-month receivership. On Monday, the company's receiver said that its creditor register states a total debt of 15.883 billion rubles ($506.15 million).13:26 14.05.2013
Bailiffs seize Nicholas II monument in SiberiaBailiffs have seized a bust of Emperor Nicholas II in the village of Shushenskoye, which had been put up there by a bankrupt local vodka producer.12:38 30.04.2013
General jurisdiction courts should handle personal bankruptcy cases - Supreme CourtIn anticipation of the creation of personal bankruptcy under Russian law, the Supreme Court has approved amendments to the Civil Procedure Code stipulating that personal bankruptcy cases should be considered by courts of general jurisdiction, not commercial courts.20:04 16.04.2013
AMT Bank allocates $48 million for payments to creditorsThe AMT Bank has allocated 1.47 billion rubles ($47.6 million) for payments to creditors, the state-controlled Deposit Insurance Agency reported on Wednesday.19:16 27.03.2013
MTS sues former head of bankrupt cell phone retailer for $30 millionOn April 24 the Moscow Commercial Court will hear the lawsuit filed by Mobile TeleSystems (MTS) for 914.7 million rubles (around $30 million) in damages from Marina Kovalyova, former chief executive of cell phone retailer BetaLink11:42 26.03.2013
JFC Group fails to oust bankruptcy administratorJFC Group, largest fruit importer in Russia, failed in its efforts to oust its present bankruptcy administrator in the St. Petersburg Commercial Court.15:13 19.03.2013
Regulator seeks to cancel AMT Banks $35.8 million deal with Central BankThe Moscow Commercial Court has accepted the Deposit Insurance Agency's lawsuit seeking to invalidate the AMT Bank's repayment of a 1.114 billion ruble ($35.8 million) loan from the Bank of Russia before its license was revoked.16:09 18.03.2013
Utility management company head faces $8 mln bankruptcy fraud chargesThe head of a utility management company in Arkhangelsk in northern Russia has been charged with 250 million ruble ($8.1 million) bankruptcy fraud, the Interior Ministry announced on Friday.12:01 15.03.2013
393 lawsuits worth $10 billion filed by Mezhprombank upheldThe courts have upheld 393 lawsuits filed by International Industrial Bank (Mezhprombank or MPB) to collect debts worth around 323 billion rubles ($10.5 billion), the bank's bankruptcy receiver, Deposit Insurance Agency reports.13:20 11.03.2013