LIPETSK MANAGEMENT COMPANY "MY CITY 48" WAS DECLARED BANKRUPT
11 October

LIPETSK MANAGEMENT COMPANY "MY CITY 48" WAS DECLARED BANKRUPT

On October 7, 2024, the Lipetsk arbitration court ruled on the bankruptcy of the company "My City 48" (case no. A36-2889/2023). Serg...

FUNDS FOR HOUSING AND COMMUNAL SERVICES ARE EXCLUDED FROM THE TENDER MASS
11 October

FUNDS FOR HOUSING AND COMMUNAL SERVICES ARE EXCLUDED FROM THE TENDER MASS

The debtor applied to the court for the exclusion of funds from the bankruptcy estate (case no. A76-36145/23).

ALFA-BANK RAISES THE INITIAL MORTGAGE PAYMENT
11 October

ALFA-BANK RAISES THE INITIAL MORTGAGE PAYMENT

Alfa-Bank raises the amount of the down payment on family and IT mortgages. From October 11, its minimum amount will start from 50.1% of the cost ...

TAMBOV ELECTRIC GRID BUILDER WAS THREATENED WITH BANKRUPTCY
10 October

TAMBOV ELECTRIC GRID BUILDER WAS THREATENED WITH BANKRUPTCY

The Moscow company A-5 (INN 7713425383), specializing in the wholesale trade of heating and plumbing equipment, warned the Tambov company Inko...

BANKS HAVE INTRODUCED A NEW COMMISSION FOR MORTGAGES
9 October

BANKS HAVE INTRODUCED A NEW COMMISSION FOR MORTGAGES

Since October, Russian credit institutions have been introducing a new commission – about 6.5% of the loan amount - on mortgages under market prog...

A BANKRUPT SVYAZNOY CAN ACQUIRE A NEW OWNER
9 October

A BANKRUPT SVYAZNOY CAN ACQUIRE A NEW OWNER

The well–known retail chain Svyaznoy in the Russian Federation (the new network is Svyaz.ON"), declared bankrupt in 2023, has been revive...

THE CHAIN OF ELECTRONICS STORES WENT UNDER SURVEILLANCE
7 October

THE CHAIN OF ELECTRONICS STORES WENT UNDER SURVEILLANCE

On October 3, 2024, the Moscow Arbitration Court introduced a monitoring procedure in relation to the Mobiland company, which manages the Know-how sto...

THE MOSCOW CREDIT BANK WANTS TO FORECLOSE ON THE SQUARE IN THE BOLSHEVIK BUSINESS CENTER
4 October

THE MOSCOW CREDIT BANK WANTS TO FORECLOSE ON THE SQUARE IN THE BOLSHEVIK BUSINESS CENTER

On September 11, 2024, the Moscow Arbitration Court received an application from PJSC MKB (case no. A40-227800/2024). The bank has applied to ...

THE EX-BILLIONAIRE WAS ATTRACTED TO A SOLIDARITY SUBSIDY FOR 700 MILLION
2 October

THE EX-BILLIONAIRE WAS ATTRACTED TO A SOLIDARITY SUBSIDY FOR 700 MILLION

The bankruptcy of Fregat-Yug brought Anatoly Butorin, the founder of Bely Fregat Group, and Ivan Baranov, the ex-head, to the subsidiary. According to...

KUBAN ELITE OIL HAS COMPLETED BANKRUPTCY
2 October

KUBAN ELITE OIL HAS COMPLETED BANKRUPTCY

The bankruptcy process of an unrefined oil producer has ended in Kuban. The Kuban company Elite-Oil (TIN 2351011037), against which an insolve...

News

11 October

ALEXEY KHOTIN'S DEBTS WILL BE RESTRUCTURED

On October 9, 2024, the Moscow Arbitration Court (AS GM) issued a ruling on the restructuring of the debt of entrepreneur Alexey Khotin to cre...

11 October

THE EX-HEAD OF ZERNOBANK WAS DECLARED BANKRUPT WITH A DEBT OF 1.1 BILLION

On October 7, 2024, the Altai Regional Arbitration Court ruled on the bankruptcy of the former head of the Zernobank branch (case No. A03-16374/20...

Proportion
11 October

THE COURT STOPPED CONSIDERATION OF ROSBANK'S CLAIM AGAINST ING BANK

The Arbitration Court of the capital has terminated consideration of Rosbank's claim for $20.1 million and 10 million rubles against the Dutch ING...

Proportion
11 October

FUNDS FOR HOUSING AND COMMUNAL SERVICES ARE EXCLUDED FROM THE TENDER MASS

The debtor applied to the court for the exclusion of funds from the bankruptcy estate (case no. A76-36145/23).

NEW CLAIMS

27 September

30 MILLION IN DEBT. EX-STRIKER OF AK BARS ASKS TO BE DECLARED BANKRUPT

On September 11, 2024, a resident of Kazan, Artyom Lukoyanov, applied to the arbitration court of Tatarstan to declare himself bankrupt (case no. ...

26 September

PROMSVYAZBANK FILED A LAWSUIT AGAINST THE FORMER VTB BANK EUROPE

Promsvyazbank demands to recover losses from blocking financial transfer operations from Ost-West Handeslbank (formerly VTB Bank Europe). The ...

19 September

SIEMENS' DAUGHTER WANTS TO BE INVOLVED IN A SUBSIDIARY

On August 28, 2024, Igor Prudey, the bankruptcy trustee of Neftegaz and Energetika (NiE LLC), appealed to the arbitration court of St. Petersb...

12 September 2024

The seller of auto parts from Chelyabinsk will bankrupt companies from one holding company

Makos Asia, a company specializing in the sale of spare parts for cars, on September 4, 2024, appealed to the Chelyabinsk Arbitration Court (AC CH...

People

FOR WHAT REASONS CAN A COURT NOT RELEASE A DEBTOR CITIZEN FROM HIS OBLIGATIONS?
10 January 2024

FOR WHAT REASONS CAN A COURT NOT RELEASE A DEBTOR CITIZEN FROM HIS OBLIGATIONS?

After completing settlements with bankruptcy creditors and consideration by the court of the report on the results of the sale of a citizen's prop...

CONTESTING A TRANSACTION BETWEEN A DEBTOR AND AN EX-FOUNDER COMPLICATED BY A CORPORATE CONFLICT

The issue of challenging the transaction between the debtor and the ex-founder deserves special attention in the bankruptcy court practice. In particu...

18 September 2023

THE DIFFERENCE BETWEEN THE SIGNS OF INSOLVENCY AND THE CASH GAP

The term "cash gap", unlike the term "insolvency", is not a legal concept. Moreover, the term "cash gap" is not in the l...

26 May 2023

PROJECTS & Draft laws

THE LAW ON MEDIATION WAS DISCUSSED IN THE STATE DUMA

The LDPR faction held a round table in the State Duma on amendments to the Law on Mediation (193-FZ). The trade union community, together with...

27 September

THE MINISTRY OF JUSTICE EXPANDS THE PREFERENTIAL PROCEDURE FOR PAYING FINES BY BUSINESSES

The Ministry of Justice has developed amendments to the Code of Administrative Offences, expanding the conditions for the application of a preferentia...

26 August 2024

THE MINISTRY OF JUSTICE WANTS TO LIMIT EXCESSIVE EXECUTIVE ACTIONS

The Ministry of Justice of the Russian Federation continues to develop a draft law related to the restriction of excessive executive actions. Currentl...

9 September 2024

THE CENTRAL BANK PROPOSED TO CHANGE THE STRUCTURE OF THE MICROFINANCE MARKET

The central bank has proposed to change the structure of the microfinance market. The reform is proposed to be carried out in the next three years.

21 August 2024

Hot topics

Interesting




HR column

A letter of resignation on the person's own will may be withdrawn by sending an e - mail.

Employees have a right to withdraw a letter of resignation on the basis of their...

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FAQ

Lenders order in a bankruptcy process

Question:

What is the sequence of actions...

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Legal terms

Vandalism

Vandalism - is the action involving deliberate destruction of or damage to publi...

Collector

Collector – a person, whose job is to collect money from people in owe, e.g. fro...

Lessor

Lessor - a person or organization that allows another person or organization to ...

Negotiation

Negotiation - a formal discussion between people who are trying to reach an agre...

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Sport

REGATTA "LAWYERS’ CUP"

The project has existed for 5 years, all sailing enthusiasts from among lawyers ...

LEGAL RUN

This is not just a race, but an international charity flash mob in which lawyers...

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Legal education

VII Annual RAA Conference

VII Annual RAA Conference will be held in Moscow Marriott Novy Arbat Hotel on Ma...

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