Bankruptcy

Tag: Bankruptcy

Moscow Commercial Court introduces monitoring of Google’s Russian structure

The Moscow Commercial Court has introduced a six-month monitoring procedure against Google LLC (Google's Russian subsidiary).

15:58 12.09.2022

Ex-Transaero owners’ move to lift seizure of property worth $4 billion dismissed

Russia's Supreme Court has dismissed the complaints of former owners and top managers of Transaero air carrier challenging the seizure of their property worth 245 billion rubles (about $4 billion at the current exchange rate), according to the court ruling.

16:51 01.08.2022

Russian restaurateur Beloivan declared bankrupt

The Moscow Commercial Court has declared the owner of Tavern Taras Bulba restaurant chain Yury Beloivan bankrupt upon a petition filed by a Moscow inspection of the Federal Antimonopoly Service (FAS).

13:21 06.07.2022

Google's Russian subsidiary files for bankruptcy

Google's Russian subsidiary filed for bankruptcy as the branch had been fined several times and its bank account had been seized by Russian authorities.

10:59 17.06.2022

Termination of bankruptcy proceedings against ex-Promsvyazbank owner’s wife upheld

The Ninth Commercial Court of Appeals has dismissed a motion of PJSC Promsvyazbank (PSB) seeking to terminate the bankruptcy proceedings against the wife of the former owner of the bank Dmitry Ananyev, Lyudmila.

11:04 22.10.2021

Bankruptcy petition against Summa Group owner set for December

The Moscow Commercial Court will hear a bankruptcy application filed by GlobalElectroService against one of the Summa Group owners Ziyavuddin Magomedov, who stands charged with large-scale embezzlement, on December 1.

10:17 11.10.2021

Bankruptcy proceedings against Burger King Rus over $80,000 debt discontinued

The Moscow Commercial Court has terminated the proceedings initated by OOO Femida seeking to declare bankrupt OOO Burger Rus, the Russian operation of the Burger King fast food chain, because of a premises rent debt amounting to over 6 million rubles (about $80,000).

18:15 29.09.2021

Tax service seeks for bankruptcy of wanted Russian restaurateur Beloivan

A Moscow inspection of the Federal Antimonopoly Service (FAS) filed a bankruptcy application against the owner of Tavern Taras Bulba restaurant chain Yury Beloivan, who had been put on the international wanted list in a tax evasion case.

11:36 23.09.2021

Former owners of VIM Airlines lose appeal against bankruptcy ruling

The Ninth Commercial Court of Appeals has dismissed an appeal filed by ex-president of VIM Airlines Rashid Mursekayev and his wife Svetlana against a ruling declaring them bankrupt.

10:47 21.09.2021

Asset sale procedure against lawyer Yakubovsky prolonged once more until spring 2022

The Moscow Regional Commercial Court has once more extended the asset sale procedure against businessman and lawyer Dmitry Yakubovsky until March 5, 2022.

10:32 16.09.2021

Moscow’s notorious confectionary loses appeal against bankruptcy

The Ninth Commercial Court of Appeals rejected an appeal filed by Moscow’s confectionary Menshevik, whose ex-owner Ilya Averyanov had been acquitted of the 2017 murder of a security guard, against a ruling on its bankruptcy.

12:53 15.09.2021

Insolvency process against Transaero airline extended until March 2022

The Commercial Court of St. Petersburg and the Leningrad Region has extended the insolvency process against Transaero airline, once Russia's second-biggest carrier, until March 1, 2022.

10:54 03.09.2021

Cassation instance rejects nine appeals against bankruptcy of Promsvyazbank ex-owner

The Moscow District Commercial Court has rejected nine cassation appeals against lower courts’decisions to declare ex-owner of PJSC Promsvyazbank (PSB) Dmitry Ananyev bankrupt.

11:13 26.08.2021

Late ex-owner of Spartak hockey club owes nearly $3 mln to company - court

The Moscow Commercial Court has granted a 196.6-million-ruble (about $3 million) debt claim filed by Synergetic Projects against the late insolvent businessman and former vice-president and owner of Spartak hockey club Gelani Tovbulatov.

11:33 18.08.2021

Former Russian Deputy Agriculture Minister challenges insolvency

Ex-Deputy Agriculture Minister Alexey Bazhanov has filed an appeal against his bankruptcy and introducing of related procedures against him.

10:48 16.08.2021

Sberbank demands $700k debt from ex-owner of Spartak hockey club

Russia's Sberbank has filed an application with the Moscow Commercial Court seeking to include 50-million-ruble debt (about $700,000) of the late insolvent businessman and former vice-president and owner of Spartak hockey club Gelani Tovbulatov in the creditors’ list.

10:55 10.08.2021

Procedure of sale of ex-banker Motylev’s assets extended until 2022

The Moscow Commercial Court has extended the sale of property owned by ex-head of the Russian Credit Bank Anatoly Motylev until January 24, 2022.

11:09 06.08.2021

Creditors demand around $55 million from ex-owners of VIM Airlines

Four organizations have filed debt recovery claims worth nearly 4 billion rubles (about $55 million) against ex-president of VIM Airlines Rashid Mursekayev and his wife Svetlana.

10:19 02.08.2021

Dismissal of bankruptcy plea against firm of ex-head of Russian troubled refinery upheld

The Ninth Commercial Court of Appeals has upheld dismissal of a bankruptcy application filed by Russia’s troubled Antipinsky refinery against New Stream oil and gas company chaired by the former co-owner of the refinery without prejudice.

10:29 29.07.2021

Fugitive Russian banker’s bankruptcy process extended until January 2022

The Moscow Commercial Court has approved extending until January 2022 the bankruptcy process of banker Georgy Bedzhamov, who is wanted in Russia on large-scale fraud charges after Vneshprombank failed.

12:53 16.07.2021