VTB Bank

Tag: VTB Bank

Moscow court satisfies VTB claim as to recovery of $873M from company

The Moscow Commercial Court has ruled in favor of VTB bank answering its claim to recover $873 million from company Otkrytye Promyshlennye Investitsii (OPI) under a loan agreement.

18:00 26.11.2020

Moscow FAS office launches case against VTB over improper advertising of loan

The Moscow office of the Federal Antimonopoly Service (FAS) has opened a case against VTB bank over inappropriate advertising of a loan.

15:25 10.02.2020

VTB bank’s $4 bln action against Transaero suspended

The Commercial Court of St. Petersburg and Leningrad Region has put a stay on a VTB bank’s 249.2 billion-ruble ($4 billion) lawsuit against Transaero air carrier’s founder Alexander Pleshakov, his wife and mother.

18:20 23.04.2019

VTB bank sues Transaero owners for $4 billion

VTB bank has filed a lawsuit seeking to collect 249.2 billion rubles ($4 billion) from Transaero air carrier’s founder Alexander Pleshakov, ex- Board Chairman Olga Pleshakova and Pleshakov’s mother.

10:04 22.03.2019

Appeals court confirms Summa subsidiary’s $128 mln debt to VTB bank

The Ninth Commercial Court of Appeals has upheld a lower court’s ruling granting a debt claim in excess of 8 billion rubles (over $128 million) lodged by VTB bank against Global Electro Service, a subsidiary of Summa Group.

11:28 21.03.2019

VTB bank seeks to recover $6.5 mln from subsidiary of troubled Summa Group

One of the largest Russian banks, VTB, has filed an application with the Moscow Commercial Court seeking to include a 429.9-million-ruble ($6.5 million) debt of GlobalElectroService company, a subsidiary of the troubled Summa Group, in the creditors demands list.

15:59 28.09.2018

Russian court initiates restructuring of Yashma co-owner’s debts

The Voronezh Region Commercial Court has granted a motion to initiate the procedure of debt restructuring against the co-owner of Yashma group Igor Mavlyanov.

11:59 13.11.2017

Russian court rules Runway Duty Free owner owes $57.6 million to VTB

The Moscow Regional Commercial Court has granted a claim filed by VTB to include nearly 3.3 million rubles (about $57.6 million) in creditors demands list against Arial, managing company of the Runway Duty Free shop network in Russian airports.

10:50 12.09.2017

London VTB subsidiary seeks bankruptcy for four Crimean energy companies

VTB Capital Plc, London’s subsidiary of VTB Group, has filed bankruptcy claims against four Simferopol energy producers with the Crimean Commercial Court.

10:58 31.07.2017

Russian court rules duty free operator owes VTB bank at least $52 million

The Commercial Court of the Moscow Region has ruled in favor of VTB bank with respect to the inclusion of a 3.1-billion-ruble (about $52 million at the current exchange rate) debt in the list of creditors’ claims towards duty free operator Aerofirst.

15:58 17.07.2017

VTB bank demands $6.4 mln from Winter Olympic Sports Association

VTB bank has lodged a claim with the Moscow Commercial Court seeking to collect 3.8 billion rubles ($63.4 million) from the Winter Olympic Sports All-Russian Association.

14:02 05.07.2017

Seizure of Red October plant owner’s assets upheld

The Moscow City Court has upheld a lower court’s decision to seize assets belonging to Volgograd metallurgic plant Red October, Dmitry Gerasimenko, who is charged with embezzling VTB Bank’s $65 million credit.

13:29 29.06.2017

VTB asks U.S. court’s permission to notify defendant by Russian mail service

Lawyers representing interests of Russia’s VTB bank have asked the Supreme Court of the state of New York to allow the bank to notify a defendant living in the Voronezh Region Robert Martirosyan by DHL or Pochta Rossii (Russian Post) mail services.

17:45 29.05.2017

Moscow court acknowledges $70.5 mln debt of Transaero-Finances before VTB bank

The Moscow Commercial Court has granted a motion filed by VTB bank seeking to include over 4 billion rubles (about $70.5 million) debt owed by Transaero-Finances organization in the creditors’ demands list.

10:41 26.05.2017

VTB bank and Gazprom contractor reach amicable agreement in $272 mln dispute

The Ninth Commercial Court of Appeals has approved amicable agreement in a lawsuit filed by VTB bank seeking to recover 18 billion rubles ($272 mln) from one of Gazprom’s major contractors Stroygazconsulting Group of Companies (SGC).

13:52 22.12.2016

Owner of Red October plant arrested on Cyprus – report

Owner of Volgograd metallurgic plant Red October, Dmitry Gerasimenko, who is charged with embezzling VTB Bank’s $65 million credit, has been arrested on Cyprus, Kommersant newspaper reported on Thursday.

11:43 15.12.2016

Mother of Egyptian plane crash victim denied compensation

Moscow’s Basmanny District Court on Thursday dismissed a lawsuit filed by Valentina Averkina, the mother of a woman died in Airbus A321 plane crash in Egypt, demanding full payment of compensation from VTB-Strahovanie insurance company.

18:47 17.11.2016

Egyptian plane crash case victim’s claim against insurer postponed again

Moscow’s Basmanny District Court on Tuesday adjourned the hearing of a lawsuit lodged by a victim in the case over Airbus A321 plane crash in Egypt against VTB-Strahovanie insurance company until November 17.

18:19 18.10.2016

Egyptian plane crash case victim’s suit against insurer set for September 20

The Basmanny District Court of Moscow has postponed the hearing of a lawsuit filed a victim in the case over Airbus A321 plane crash in Egypt against VTB-Strahovanie insurance company until September 20.

12:38 22.08.2016

Court upholds recovery of $15 million from duty free operator

The Ninth Commercial Court of Appeals has upheld a ruling requiring Duty free operator Aerofirst St. Petersburg City Court to clear more than 1 billion rubles ($15 million) arrears in payment to Bank VTB.

13:25 02.08.2016