Debt

Tag: Debt

Russian President signs decree on external debt payment

President of Russia Vladimir Putin has signed a decree establishing a new temporary procedure of payment of the country’s foreign debt. The document was published on the official website of legal information.

17:20 22.06.2022

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

Legislative proposal to seize debtors’ foreign travel passports reaches State Duma

The Government has submitted a draft law on the seizure of foreign travel passports from citizens having debts or other restrictions for travelling abroad to the lower house of Russian parliament.

10:42 13.08.2021

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

Cabinet’s Law-Making Commission backs bill to seize debtors’ foreign travel passports

The Government Law-Making Commission has backed a legislative proposal to seize foreign travel passports from citizens having debts or other restrictions for travelling abroad, Chairman of the Board of the Association of Lawyers of Russia Vladimir Gruzdev has told RAPSI.

13:30 26.07.2021

Dispute between Bank Trust and ex-owner of Promsvyazbank suspended

The Moscow Commercial Court has suspended proceedings for the application of National Bank Trust seeking to include a debt of ex-owner of Promsvyazbank Dmitry Ananyev worth over 113 billion rubles in the creditors’ list.

11:00 08.07.2021

President Putin signs law on minimum guaranteed income of debtors

Russian President Vladimir Putin has signed a law banning the foreclosure on debtors’ monthly income in the amount of the subsistence level.

16:32 30.06.2021

Supreme Court upholds $370 mln debt of former co-owner of troubled refinery to Sberbank

The Supreme Court of Russia has denied a cassation appeal by board chairman of New Stream oil and gas company and former co-owner of troubled Antipinsky refinery Dmitry Mazurov charged with embezzlement seeking to review his 28 billion-ruble debt (over $370 million) to Sberbank.

10:38 03.06.2021

Federation Council approves ban on seizure of debtors’ pets

The upper house of parliament, the Federation Council, approved a draft law prohibiting confiscation of domestic animals of debtors on Friday.

12:02 23.04.2021

Former co-owner of troubled Russian refinery owes $370 mln to Sberbank - court

The Moscow District Commercial Court has upheld in cassation a 28 billion-ruble debt (about $370 million) of board chairman of New Stream oil and gas company and former co-owner of troubled Antipinsky refinery Dmitry Mazurov, charged with embezzlement, to Russia’s Sberbank.

10:55 29.01.2021

Proposed ban on confiscation of debtors’ pets to be discussed by Russian State Duma

A bill to prohibit confiscation of domestic animals of debtors has been brought before the lower house of Russian parliament, the State Duma.

13:11 24.09.2020

Debtors may be discharged due to financial difficulties during pandemic – Supreme Court

The Supreme Court of Russia allowed exemption of debtors from responsibility for payment delays if they found themselves in a sticky financial situation because of the coronavirus pandemic restrictions.

16:12 08.09.2020

Moskalkova stands for alimony fund creation as Russians’ debt reaches $2 billion

Russia’s High Commissioner of Human Rights Tatiana Moskalkova during the Rights and Responsibility of Fathers roundtable on Friday pushed for the creation of an alimony fund adding that the debt of Russians had exceeded 150 billion rubles (about $2 billion).

16:51 14.08.2020

Bankruptcy proceedings against firm of businessman accused of embezzlement closed

The Moscow Commercial Court has quashed bankruptcy proceedings against the investment company Your Financial Trustee headed by businessman Vasily Boiko-Veliky involved in an embezzlement case.

11:23 09.07.2020

Bill envisaging guaranteed minimum subsistence level for debtors reaches State Duma

State Duma MPs from the United Russia party have submitted to it a bill obliging creditors to uphold a guaranteed minimum subsistence level as concerns their debtors.

18:31 14.05.2020

London’s High Court rules Tsvetkov owes no $10 mln to Magdeyev

London's High Court has put an end to a dispute linked to the Graff jeweler saying that businessman Dmitry Tsvetkov has fulfilled his obligations to his former business partner Rustem Magdeev.

15:24 07.05.2020

Central Bank passes further steps to protect Russian citizens’ interests

The Central Bank has established additional measures to protect the interests of Russian citizens.

16:18 17.04.2020

Russian Xiaomi reseller owes $8 million to Bank Otkritie

The debt of Retentiva Distribution Company, a reseller of Xiaomi in Russia, to Bank Otkritie is estimated at about 700 million rubles ($9.5 million).

10:51 09.04.2020

Tatfondbank’s $2.3 bln claim its ex-chair Musin suspended

The Tatarstan Commercial Court has put a stay on the 141.3 billion-ruble (about $2.3 billion) debt proceedings initiated by Tatfondbank against its ex-chairman Robert Musin.

14:37 26.03.2020

Bill obliging debt collectors to communicate with debtors only reaches State Duma

A Deputy Chair of State Duma Irina Yarovaya has presented a bill aimed at obliging debt collection organizations to communicate exceptionally with debtors.

12:11 16.03.2020