Cypriot company demands over $16 mln from “Russian credit” bankCypriot company “Expedionco Capital Limited” has filed a motion with the Moscow Commercial Court asking to include 1.04 billion ruble ($16 mln) debt on the creditors’ list of “Russian credit” bank.14:57 17.06.2016
Corporation of Development subsidiary owes $250 mln to Czeсh bankThe Commercial Court of Yamalo-Nenets region in northern Russia has ruled in favor of Czech Export Bank seeking to put a 16.3 billion rubles ($250 million) debt on the list of creditors’ claims to Energy Company Ural Industrial – Ural Polar (Company), a subsidiary of the Corporation of Development.18:05 09.06.2016
Russian court recovers $322,000 debt from McDonald’sThe Commercial Court of Stavropol, a town in Southern Russia, has recovered 21 million rubles ($322,000) in favor of a local water provider from McDonald’s.18:09 07.06.2016
English Tez Tour $5 million lawsuit against Russian bank dismissedThe Moscow Commercial Court has dismissed a lawsuit by Tez Tour Ltd, the company registered in England, seeking to collect $5 million from Fund Service Bank.12:43 23.05.2016
Russian Trust Bank’s $85 million claim against Edenbury trading ltd to be heard in JulyThe Moscow Commercial Court will examine a claim lodged by Trust Bank, currently undergoing rehabilitation procedures, requesting to recover 5.6 billion rubles (about $85 million) from Edenbury trading limited (Bermuda).15:43 11.05.2016
New ethics code for debt collectors introduced in Russia – reportA professional association for debt collectors has introduced new ethics code which prohibits the use of several excessive measures such as discussing debt with debtors’ children.10:53 26.04.2016
State Duma adopts bill to curb abusive debt collection practicesThe State Duma adopted a bill that aims to curb abusive debt collection practices in the first reading on Tuesday.18:08 12.04.2016
Russian TV anchor appeals recovery of $970k debt for Marussia sportcarRussian TV anchor Nikolai Fomenko has appealed recovery of nearly 65 million rubles ($970,000) in debt to a bank that gave him a credit for research and development of Marussia sportcar project.15:27 11.04.2016
Construction firm demands $17.9 mln from Vostochny CosmodromeDalspetsstroy, the company in charge of the Vostochny Cosmodrome construction has filed three lawsuits with the Moscow Commercial Court against the management of the spaceport demanding overall 1.2 billion rubles ($17.9 mln).12:49 30.03.2016
Vostochny Cosmodrome developer ordered to pay VTB bank $52 mlnThe Moscow Commercial Court on Thursday ordered Dalspetsstroy, the company in charge of the Vostochny spaceport construction, to pay 3.5 billion rubles ($52 million) in debt to VTB bank.13:58 24.03.2016
Russian government approves bill to curb abusive debt collection practicesRussian government has approved a bill that aims to curb abusive debt collection practices.11:35 15.03.2016
Transaero ordered to pay $47 mln to Rosneft subsidiaryThe Ninth Commercial Court of Appeals on Thursday upheld a lower court’s decision to collect over 3.4 billion rubles ($47 million) from Transaero air carrier in favor of RN-Aero, Rosneft subsidiary specializing in supplying fuel for the air travel.12:30 10.03.2016
Vneshprombank seeks $14 mln in Transaero air carrier bankruptcy caseVneshprombank has filed a claim to include 1.04 billion rubles ($14 million) in debt on the creditors’ list of Transaero airline.13:32 04.03.2016
Russian tycoon Polonsky firm’s guarantors to pay $270 mln to Dutch companyThe Moscow Region Commercial Court has upheld a lower court’s ruling to collect from loan guarantors for the company Potok (former Mirax Group), founded by businessman Sergei Polonsky, 19.9 billion rubles ($270 million) in favor of the Dutch company Emerging Markets Structured Product (EMSP).14:38 03.03.2016
Several foreign companies file lawsuit against Russian businessman IsmailovTen foreign organizations filed a motion with the Moscow Region Commercial Court asking to add them to the list of creditors who have financial claims against Russian businessman Ismailov.14:16 29.02.2016
Sberbank files suit against Mechel, its subsidiaries seeking $412,000 in debtSberbank filed a suit with the Moscow Commercial Court against the mining and steel giant Mechel and its subsidiaries to collect 24.6 million rubles (about $412,000) in debt.10:36 30.07.2015
Russian tycoon Pugachev appeals recovery of $1.2 billionRussian billionaire Sergei Pugachev submitted an appeal against a Moscow court ruling to collect over 75.6 billion rubles ($1.25 billion) in debt.16:43 29.07.2015
Sberbank raises claim against Mechel, its subsidiaries to $11.7 millionSberbank has increased its claim against indebted steel and coal producer Mechel and its subsidiaries, RAPSI reported on Wednesday from the Moscow Commercial Court.15:25 22.07.2015
Moscow court orders indebted Mechel, its subsidiaries to pay Sberbank $119 mlnThe Moscow Commercial Court ordered the mining and metals company Mechel, four subsidiaries to pay Sberbank 6.76 billion rubles (about $119mln).15:42 20.07.2015
Rusenergo Fund withdraws appeal against ruling in $1bln debt recovery suitRusenergo Fund Limited, a corporation which invests in Russian power-generation companies, has withdrawn its appeal against a ruling to pay almost 60 billion rubles ($1 bln) to VTB Bank, RAPSI reported on Monday from the Ninth Commercial Court of Appeals.12:47 20.07.2015