Skolkovo foundation contests collection of $2.5 million for project designerA Moscow commercial court has accepted the Skolkovo Foundation's appeal against the court ruling to collect over 80 million rubles ($2.5 million) in debt upon the request of the Cognitive Technologies company, which designed the Smart City Skolkovo concept.16:09 13.06.2013
New York Attorney General sues HSBC for violating foreclosure lawNew York Attorney General's Office is suing HSBC Holdings Plc for allegedly breaking the New York foreclosure law. The company has reportedly failed to meet requirements for giving homeowners the opportunity to negotiate loan modifications.12:41 05.06.2013
Parliament mitigates travel restrictions for debtorsThe State Duma adopted a bill allowing debtors to travel abroad if their unsettled fines, taxes and other obligatory payments do not aggregately exceed 10,000 rubles ($320, or €248).10:11 23.05.2013
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
Bailiffs remove travel ban for people with debts under $160Bailiffs try not to prevent people whose debts do not exceed 5,000 rubles ($160) from traveling abroad, a senior official told journalists on Thursday.10:44 12.04.2013
London High Court orders Tajik mogul to pay damages to Russian lenderLondon’s High Court of Justice has ordered Tajik businessman Avaz Nazarov and a company owned by him to pay up for various tort and contract claims arising from the failure to repay millions of dollars in loans granted by Russian businessman Valery Vorobyev.14:45 13.03.2013
Bailiffs send over 400,000 text message notifications to debtors in 2013Over 400,000 text message notifications have been sent to debtors in the first two months of 2013.12:05 12.03.2013
Russian hydropower monopoly seeks criminal liability for debtor companiesRusHydro has forwarded the documents needed for opening a criminal probe against its debtors to law enforcement agencies, the hydroelectric power plants' operator said in a statement.10:28 04.03.2013
Travel restrictions on debtors to be lifted more quicklyThe procedure for lifting a debtor's travel restrictions will now only take 12 hours after he pays his debt, the Federal Bailiffs Service told RIA Novosti on Tuesday.18:22 19.02.2013
VTB bank files lawsuits against borrowers for $22 mlnRussian state-controlled bank VTB has filed a $22 million lawsuit against air carrier Armavia and jet fuel supplier Mika Limited, owned by Armenian businessman Mikhail Bagdasarov.11:49 15.02.2013
Developer repays $53 mln debt to Nordea bankThe SU-155 group of construction companies has repaid its remaining debt to Nordea Bank to the value of 1.6 billion rubles ($53.12 million) under two lawsuits.11:05 06.02.2013
Debtor covers legal fees with eight bags of coinsA resident of Voronezh in southern Russia has repaid his debt with eight bags of coins ranging from 5 kopecks to 2 rubles.12:00 05.02.2013
Bailiffs recovered over 119 billion rubles in Moscow Region in 2012Bailiffs recovered over 119 billion rubles ($4 billion) in debts in the Moscow Region last year.13:29 31.01.2013
Bailiffs to send Russians millions of text message reminders about debtsCourt bailiffs plan to send over 8 million text messages to remind Russians of their debts in 2013, head of the Federal Bailiff Service Artur Parfyonchikov said on Wednesday.12:43 23.01.2013
Ukraine to pay back $390 million debt to RussiaThe Ukrainian Supreme Economic Court has ruled that Ukraine must repay Russia about $390 million in debt owed by the United Energy Systems of Ukraine.15:34 21.01.2013
Ukrainian Justice Ministry appeals Russian debt rulingThe Ukrainian Justice Ministry has appealed in the cassation instance a court ruling obligating Ukraine to pay the Russian Defense Ministry $390 million in debt.19:24 19.12.2012
Frigate detained in Ghana to return to Argentina in early JanuaryThe Argentinean frigate Libertad, detained under a claim by international financial fund NML Capital in Ghana, will return home on January 9.12:54 18.12.2012
India lifts seizure of Russian research vesselIndia has lifted the custody it has exercised for the past few months over a Russian research vessel, Academic Boris Petrov. It has already left the port of Mumbai and is heading to a repair base.13:54 17.12.2012
UN tribunal to rule on detained frigateOn December 15 the International Tribunal for the Law of the Sea will hand down a ruling on the Argentinean frigate Libertad, which is being held in Ghana, , the Argentinean media reported citing a statement by judge Rudiger Wolfrum.13:21 30.11.2012
New York State Court of Appeals suspends Argentina's payment of debtsThe New York State Court of Appeals has suspended the federal court ruling which obligated the Argentinean government to pay over $1.3 billion to "holdout creditors" as an immediate one-time payment of the country's debt obligations made 11 years ago.13:45 29.11.2012