Court upholds Russia’s antimonopoly watchdog decision in debt collection case
The Ninth Commercial Court of Appeals has upheld the decision of the Federal Antimonopoly Service (FAS) imposing a fine on a legal company for inappropriate advertising of debt collection services.
Russian court upholds dismissal of Rub 4.4B claim of Mutual Success Corp against ex-banker
The Ninth Commercial Court of Appeals has upheld the dismissal of Mutual Success Corporation Ltd. claim seeking to include a 4,4 billion rubles (about $67 million) debt of ex-head of a banking group Anatoly Motylev in the creditors list.
Russian court dismisses Rub 2.3 bln claim of Mutual Success Corp against ex-banker Motylev
The Ninth Commercial Court of Appeals has upheld the dismissal of Mutual Success Corporation Ltd. claim seeking to include a 2,3 billion rubles ($35 million) debt of ex-head of the banking group Anatoly Motylev in the creditors list.
Summa Group subsidiary moves to appeal 8 bln debt to VTB bank
Global Electro Service, a subsidiary of Summa Group, has appealed a decision of the Moscow Commercial Court granting a debt claim in excess of 8 billion rubles (over $128 million) lodged by the VTB bank.
Cypriot firm ordered to pay $184.8 mln to Russia’a Rosneft
The Ninth Commercial Court of Appeals has dismissed an appeal lodged by Cypriot company Swisspro Capital Limited Swisspro Capital Limited against recovery of $184.8 million from it on the petition of Russia’s largest oil company Rosneft.
Refusal to seize $108 mln assets of Renaissance bank’s ex-managers upheld
The Ninth Commercial Court of Appeals has upheld a lower court’s refusal to seize assets worth 7.1 billion rubles ($108 million) from five ex-managers of Renaissance bank on the request of the Deposit Insurance Agency (DIA).
Ruling on recovery of $26 mln from ex-CEO of Russian tour operator overturned
The Ninth Commercial Court of Appeals has overturned a ruling ordering recovery of 1.75 billion rubles (over $26 million) as liability for debts from Dmitry Fesik, ex-CEO of Yuzhny Krest (Southern Cross) Travel company.
Bankruptcy procedure of Vneshprombank’s convicted ex-president extended
The Moscow Commercial Court has extended by six months a bankruptcy procedure against former president of Vneshprombank Larisa Markus previously convicted of fraud.
Russian court of appeals refuses to recover assets of Creditimpex Bank’s ex-managers
The Ninth Commercial Court of Appeals has dismissed an appeal filed by temporary manager of Creditimpex Bank, Russia’s Deposit Insurance Agency (DIA), and refused to recover 79.5 million rubles ($1.2 million) of losses from six former managers of the bank.
Donstroy co-founder owes $166.4 million to major Russian bank - court
The Ninth Commercial Court of Appeals has upheld a lower court’s ruling on inclusion of an 11.1-billion-ruble ($166.4 million) debt of ex-owner and co-founder of Donstroy construction company Maksim Blazhko to major Russian bank Vnesheconombank in the creditors’ demands list against.
Russian court of appeals refuses to recover $5 million from Probusinessbank
The Ninth Commercial Court of Appeals has upheld a lower court’s ruling refusing to recover over 327 million rubles (about $5 million) of losses from Probusinessbank in favor of two creditors of the bank, WAY M and NEO Engineering companies.
Russia’s DIA seeks to seize property of Admiralteysky bank’s ex-heads
Russia’s Deposit Insurance Agency (DIA) has challenged the Moscow Commercial Court’s refusal to seize property belonging to three former heads of the Admiralteysky bank, amounting to 1.9 billion rubles ($28.7 million).
Russian court once more refuses to seize $100 million from Metrobank ex-managers
The Ninth Commercial Court of Appeals has upheld a ruling of a lower court dismissing a request of Russia’s Deposit Insurance Agency (DIA) seeking seizure of property belonging to six former managers of Metrobank evaluated at 6.2 billion rubles ($100 million).
Former head of Russia's South Cross Travel company challenges recovery of $26.6 million
The former head of South Cross Travel company Dmitry Fesik has filed an appeal against a ruling of the Moscow Commercial Court recovering 1.7 billion rubles ($26.6 million) in debt from him.
Russian DIA seeks to recover $1.2 million from Creditimpex Bank’s ex-managers
Temporary manager of Creditimpex Bank, Russia’s Deposit Insurance Agency (DIA), has filed an appeal against the Moscow Commercial Court’s refusal to recover 79.5 million rubles ($1.2 million) of losses from six former managers of the bank.
Moscow court’s refusal to seize ex-Probusinessbank managers’ assets appealed
The Ninth Commercial Court of Appeals will hear an appeal of Russia’s Deposit Insurance Agency (DIA) against the Moscow Commercial Court’s denial to seize property belonging to nine former governing board members of Probusinessbank.
Russian DIA seeks to seize property of Clientsky bank’s top managers
Russia’s Deposit Insurance Agency (DIA) has filed an appeal with the Ninth Commercial Court against a lower court’s refusal to seize property of the Clientsky bank’s top managers evaluated at over 10 billion rubles ($145.1 million).
Ex-banker Motylev appeals bankruptcy ruling
Former head of a prominent banking group, which included Russian Credit Bank, Anatoly Motylev has filed an appeal with the Ninth Commercial Court of Appeals against the April 9 ruling that initiated a property sale procedure.
Russian court upholds ruling on Siemens subsidiary’s lawsuit over turbines
The Ninth Commercial Court of Appeals has upheld a ruling of a lower court dismissing a lawsuit filed by Russian subsidiary of German conglomerate Siemens against subsidiaries of Russia’s state corporation Rostec over recovery of four gas turbines.
Moscow court upholds dismissal of Siemens lawsuit over gas turbines
The Ninth Commercial Court of Appeals has upheld a lower court’s ruling to dismiss a lawsuit filed by a Russian subsidiary of German conglomerate Siemens against subsidiaries of Russia’s state corporation Rostec over alleged supply of gas turbines to Crimea.