Debt recovery

Tag: Debt recovery

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

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

Russian Supreme Court upholds recovery of $2 bln from Tatfondbank ex-chair

The Supreme Court of Russia has dismissed an appeal filed by ex-chairman of Tatfondbank Robert Musin and seven other persons former in control of the bank against recovery of 141.3 billion rubles (about $2 billion) from them.

10:29 29.06.2021

Lawyer Tretyakov's bid to review recovery of $4 million set for May

The Moscow Regional Commercial Court will proceed with an application filed by lawyer Igor Tretyakov seeking to review recovery of 308.5 million rubles ($4 million) from him on May 11.

15:33 19.04.2021

State Duma MPs back ban on confiscation of debtors’ pets

The lower house of Russian parliament adopted a bill prohibiting confiscation of domestic animals of debtors in the third and final reading on Tuesday.

17:53 13.04.2021

Bill introducing criminal liability for unlawful debt collection reaches State Duma

A bill criminalizing unlawful activities aimed to recover overdue debts of individuals has been introduced to the State Duma.

14:35 23.03.2021

Lawyer’s bid to review recovery of $4 million to be reviewed by first instance

The Ninth Commercial Court of Appeals has ordered a first instance to reconsider an application filed by lawyer Igor Tretyakov seeking to review recovery of 308.5 million rubles ($4 million) from him.

13:01 12.03.2021

Russian lawmakers urge tougher punishments for unlawful debt collection activities

Russia’s State Duma Committee on Security and Combating Corruption has developed a bill envisaging more serious punishments for those employing unlawful debt collection methods involving violence and threats, as well as those inflicting harm to citizens and their properties.

12:35 27.08.2020

Russia’s deposit insurer demands over $80 mln more from Yugra bank ex-management

The Deposit Insurance Agency (DIA) has filed several applications with the Moscow Commercial Court seeking to recover over $29 million and about 4 billion rubles ($54 million) from ex-owner of Bank Yugra Alexey Khotin, ex-board chairman Dmitry Shilyayev and several other individuals and legal entities.

10:50 21.08.2020

Russia’s deposit insurer seeks collection of $90.5 mln from Yugra bank ex-managers

The Deposit Insurance Agency (DIA) has filed two more claims seeking to collect over 6.5 billion rubles ($90.5 million) in damages from ex-owner of Bank Yugra Alexey Khotin, ex-board chairman Dmitry Shilyayev and several other individuals and legal entities.

10:57 28.07.2020

Russian Supreme Court upholds collection of $600k from Otkritie Bank ex-top manager

The Supreme Court of Russia has dismissed a cassation appeal filed by the former top manager of the Financial Corporation Otkritie Constantine Chigirev against a court order to recover over 40 million rubles (about $600,000) from him.

16:45 05.06.2020

Russia’s DIA seeks recovery over $612M from Yugra bank ex-managers

Russia’s Deposit Insurance Agency (DIA) has submitted two claims for recovery of $529.2 million and 5.9 billion rubles (about $83.4 million) from ex-owner of Bank Yugra Alexey Khotin, former bank board chairman Dmitry Shilyayev, and several individuals and corporate bodies.

17:39 28.05.2020

Sberbank demands $1.7 bln from ex-head of troubled Russian refinery

One of the largest Russian banks Sberbank seeks to add a debt of board chairman of New Stream oil and gas company and former co-owner of troubled Antipinsky refinery Dmitry Mazurov charged with the 4 billion-ruble embezzlement (over $60 million) estimated at more than 128 billion rubles ($1.7 billion) to the creditors’ list.

10:48 21.04.2020

Another bank seeks multimillion debt recovery from ex-head of troubled Russian refinery

Russia’s Promsvyazbank has filed a claim to include in a creditors’ list a 22 billion-ruble (about $295 million) debt of of board chairman of New Stream oil and gas company and former co-owner of troubled Antipinsky refinery Dmitry Mazurov charged with the 4 billion-ruble embezzlement (over $60 million).

10:50 16.04.2020

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

Two banks demand over $60 mln from former co-owner of troubled Russian refinery

Absolut Bank and Credit Europe Bank have lodged applications seeking to add a debt of board chairman of New Stream oil and gas company and former co-owner of troubled Antipinsky refinery Dmitry Mazurov charged with embezzlement totaling more than 4 billion rubles (over $60 million) to the creditors’ list.

14:31 04.03.2020

Family ordered to return $16.2 mln debt of late IT entrepreneur to U.S. businessman

The Primorsky District Court of St. Petersburg has ordered a widow and a son of the late owner of NovIT Pro IT company Valery Pshenichny, to pay a $16.2 million debt to the U.S. businessman Marc Nickinson.

18:04 04.02.2020

Over $130 mln collected from Otkritie Holding in favor of Trust bank

The Khanty-Mansi Autonomous Area Commercial Court has granted a claim lodged by the National Bank Trust and recovered 8.28 billion rubles (over $130 million) against Otkritie Holding.

16:52 22.01.2020

Moscow Mayor’s Office files $14 mln claim against Interregional Bar

The Moscow City Government has filed a lawsuit with the Moscow Commercial Court seeking to collect 884.6 million rubles ($14 million) from the Interregional Bar Association.

10:41 21.01.2020

State Duma to consider bill on fines for banks breaching debt repayment rules

Russia’s State Duma is to discuss a bill envisaging amendments to legislation as to fines on credit organizations violating the law governing recovery of outstanding loan debts.

17:42 12.11.2019