Ex-Otkritie Bank manager’s motion to dismiss $700k claim against him rejectedThe Moscow Commercial Court has rejected a motion filed by the former vice-president of the Financial Corporation Otkritie Gennady Zhuzhlev seeking to dismiss a claim to recover 43.5 million rubles (about $700,000) from him without prejudice.17:43 19.04.2019
VIM Airlines seeks to collect $120,000 from 17 ex-company managersA bankruptcy supervisor of VIM Airlines has filed claims to recover over 7.5 million rubles (about $120,000) of overpaid salary and compensation for employment agreement termination from 17 ex-managers of the air carrier.13:59 18.04.2019
Otkritie Bank’s $600k claim against ex-top manager dismissedThe Moscow Commercial Court has dismissed a lawsuit filed by the Financial Corporation Otkritie demanding to collect 40 million rubles (over $600,000) from the bank’s former top manager Constantine Chigirev.11:59 12.04.2019
Transaero bankruptcy supervisor’s $1.2 mln claim against ex-airline owner dismissedThe Commercial Court of St. Petersburg and Leningrad Region has dismissed an application filed by Transaero’s bankruptcy supervisor Alexey Belokopyt demanding recovery of nearly 81 million rubles (about $1.2 million) from ex-airline founder Alexander Pleshakov and his family.13:07 08.04.2019
VTB bank sues Transaero owners for $4 billionVTB bank has filed a lawsuit seeking to collect 249.2 billion rubles ($4 billion) from Transaero air carrier’s founder Alexander Pleshakov, ex- Board Chairman Olga Pleshakova and Pleshakov’s mother.10:04 22.03.2019
Russian tour operator ordered to pay Transaero $5.9 millionThe Moscow Commercial Court has ordered recovery of $5.9 million from Tez Tour Ltd travel company in favor of insolvent Transaero airline, at one time Russia's second-biggest air carrier.11:33 15.03.2019
Ex-Russian Deputy Agriculture Minister sued for $180 millionThe Commercial Court of Vooronezh Region will consider a 12-billion-ruble lawsuit ($180 million) against ex-Deputy Agriculture Minister Alexey Bazhanov filed as part of a bankruptcy case against Oil Production company.10:59 15.02.2019
Russian businessman having $115 mln debt declared bankruptThe Commercial Court of Orenburg Region has declared businessman Sergey Chernov residing in Moscow bankrupt for his 7.6-billion-ruble debt (about $115 million) to creditors.10:59 12.02.2019
Illegality of ex-Transaero receiver’s actions upheldThe Thirteenth Commercial Court of Appeals has dismissed an appeal against a lower court’s ruling over actions (inaction) of the former court-appointed receiver of Transaero air carrier Mikhail Kotov, who stands charged with 1-billion-ruble embezzlement ($15.3 million) and abuse of office.11:22 04.02.2019
Summa Group ordered to pay $3 mln to its Yakut subsidiaryThe Commercial Court of Russia’s Sakha Republic has granted two claims of the Yakut Fuel and Energy Company demanding to recover about 180 million rubles (about $3 million) from its parent company Summa Group.13:01 16.01.2019
Former JFC CEO Kekhman denied quittance from obligations to creditorsThe Commercial Court of the Northwestern District has upheld a lower court’s refusal to discharge ex-JFC Group CEO Vladimir Kekhman from the further fulfilment of his liabilities to creditors.12:51 29.11.2018
Russian commercial court orders Sheremetyevo customs to return over $2 mln to AppleThe Moscow Regional Commercial Court has ruled in favor of Apple Rus, the Russian subsidiary of the U.S. corporation, in a dispute over the recovery of more than 147 million rubles ($2.1 million) from the Sheremetyevo customs service.14:55 13.11.2018
E-commerce giant Ulmart owes $11 mln to Uralsib bank - courtThe Commercial Court of St. Petersburg and Leningrad Region has included a 703.7-million-ruble (about $11 million) debt in the list of Ulmart e-commerce giant’s creditors upon the application of Uralsib bank.10:52 17.10.2018
HSBC and manager of firm formerly controlled by Browder aim to settle dispute amicablyHSBC Bank (RR) and Kirill Nogotkov, the bankruptcy manager of Dalnaya Step, a company believed to be formerly controlled by William Browder’s Hermitage Capital Management, are to consider settling their dispute in an amicable way.17:55 07.05.2018
Russian court to review appeal of The Royal Bank of Scotland over $296 millionThe Eighteenth Commercial Court of Appeals will review an appeal filed by The Royal Bank of Scotland against a lower court’s refusal to recover $296.6 million in debt from nine Chelyabinsk regional companies.15:37 25.01.2018
U.S. court rules Google to provide information for Russian arbitration caseA court in the United States has granted an application filed by Russian company Adeal Import LLC and forwarded a subpoena to Google asking to provide email information, required for commercial litigation in Russia.16:59 24.08.2017
VTB asks U.S. court’s permission to notify defendant by Russian mail serviceLawyers representing interests of Russia’s VTB bank have asked the Supreme Court of the state of New York to allow the bank to notify a defendant living in the Voronezh Region Robert Martirosyan by DHL or Pochta Rossii (Russian Post) mail services.17:45 29.05.2017
Oldest Russian management company declared bankrupt in MoscowThe Moscow Commercial Court had declared Pallada Asset Management, oldest management company in Russia, bankrupt.10:54 29.05.2017
Special report on dispute between IKEA and SAE and state involvement allegationsA new round of a legal dispute between businessman Konstantin Ponomarev and IKEA demonstrates how a big international company may mislead governmental institutions for years by discrediting legal mechanisms developed in Russia for protection of investors and businessmen.11:59 25.05.2017
Rosneft wins round of litigation over Sakhalin-II pipelineA court in the Far Eastern city of Khabarovsk overturned lower court rulings dismissing a lawsuit which had been filed by Rosneft over access to Sakhalin-II pipeline.12:43 09.09.2015