RusBankrot
We know everything about bankruptcy
22/07/2026
Wednesday
THIS DAY IN HISTORY:
22 July 
1970 The British Parliament voted to abolish corporal punishment in public schools.
1970 The British Parliament voted to abolish corporal punishment in public schools.
1970 The beginning of the war between the USSR and China over the Sino-Eastern Railway - the conflict lasted 5 months.
1970 The beginning of the war between the USSR and China over the Sino-Eastern Railway - the conflict lasted 5 months.
1970 France nationalized the property of church.
1970 France nationalized the property of church.
22 July
1970 The British Parliament voted to abolish corporal punishment in public schools.
1970 The British Parliament voted to abolish corporal punishment in public schools.
1970 The beginning of the war between the USSR and China over the Sino-Eastern Railway - the conflict lasted 5 months.
1970 The beginning of the war between the USSR and China over the Sino-Eastern Railway - the conflict lasted 5 months.
1970 France nationalized the property of church.
1970 France nationalized the property of church.
AGROECO FAILED TO INCLUDE 144 MILLION IN THE REGISTER OF CREDITORS OF GLAVMASPROM
The attempt of the Agroeco Group of Companies to achieve the inclusion of a multimillion-dollar debt in the Glavmasprom register was again unsuccessful. The Voronezh Arbitration Court (AS VO), which is dealing with the insolvency case of a pork processor, ordered an examination of the documents submitted by the debtor again.
We are talking about 144.1 million rubles, which Agroeco is trying to recover for the supply of pigs. The legal dispute has been going on since 2023, but it has not yet been settled.
Earlier, Rusbankrot had already written about the deplorable situation that led to the bankruptcy of Glavmasprom. According to the case file, the products were delivered under a deferred payment agreement. The debtor secured part of the obligations with pledge agreements.
According to the company, payments stopped three years ago. The documents provided as collateral turned out to be fake, in their opinion. In response, Glavmasprom provided the court with information about the deaths of animals and referred to relevant acts. Based on them, the company refuses to pay. They have become the subject of additional expert analysis.
Representatives of the Group of Companies claim that it is a matter of falsification, since the accompanying documents confirm the health of the pigs at the time of shipment. Agroeco also sent applications to law enforcement agencies with a request to hold Glavmasprom's management accountable for falsifying evidence and causing large-scale property damage.
The situation is complicated by the struggle for influence in the creditors' meeting. The main creditor of Glavmasprom is the Prime company from St. Petersburg. She bought out a number of debts in the amount of more than 136 million rubles and achieved the inclusion of another 13.9 million in the register. The organization expects to include requirements for another 309.2 million. This may definitively consolidate its status as a majority creditor. If the court satisfies Agroeco's application to include their claims for 144.1 million, the balance of votes may shift.
Agroeco believes that Prime's actions are aimed at blocking other people's claims and protecting the interests of the debtor himself. Although the affiliation of companies is not confirmed from open data, in the professional environment such transactions through assignment raise questions. Lawyers point out that the acquisition of a debt package shortly before or during bankruptcy, especially in the absence of initial obligations to the acquirer, may indicate indirect interest.
Nevertheless, as experts emphasize, even with the majority of votes in the register, Prime is not able to unilaterally influence the satisfaction of other creditors' claims — they are considered by the court individually. However, the opportunity to influence the course of the procedure and delay it if there is sufficient weight in the creditors' meeting remains real.
The key in this situation will be the conclusion of the forensic examination: it will determine whether the evidence of the "Glavmasprom" about the absence of debt can be considered justified. So far, the bankruptcy trustee declares that the register of claims has not been finalized and creditors' applications continue to be considered. The final structure of the creditor mass and the fate of the company's assets largely depend on this conclusion.
Photo: Freepik
We are talking about 144.1 million rubles, which Agroeco is trying to recover for the supply of pigs. The legal dispute has been going on since 2023, but it has not yet been settled.
Earlier, Rusbankrot had already written about the deplorable situation that led to the bankruptcy of Glavmasprom. According to the case file, the products were delivered under a deferred payment agreement. The debtor secured part of the obligations with pledge agreements.
According to the company, payments stopped three years ago. The documents provided as collateral turned out to be fake, in their opinion. In response, Glavmasprom provided the court with information about the deaths of animals and referred to relevant acts. Based on them, the company refuses to pay. They have become the subject of additional expert analysis.
Representatives of the Group of Companies claim that it is a matter of falsification, since the accompanying documents confirm the health of the pigs at the time of shipment. Agroeco also sent applications to law enforcement agencies with a request to hold Glavmasprom's management accountable for falsifying evidence and causing large-scale property damage.
The situation is complicated by the struggle for influence in the creditors' meeting. The main creditor of Glavmasprom is the Prime company from St. Petersburg. She bought out a number of debts in the amount of more than 136 million rubles and achieved the inclusion of another 13.9 million in the register. The organization expects to include requirements for another 309.2 million. This may definitively consolidate its status as a majority creditor. If the court satisfies Agroeco's application to include their claims for 144.1 million, the balance of votes may shift.
Agroeco believes that Prime's actions are aimed at blocking other people's claims and protecting the interests of the debtor himself. Although the affiliation of companies is not confirmed from open data, in the professional environment such transactions through assignment raise questions. Lawyers point out that the acquisition of a debt package shortly before or during bankruptcy, especially in the absence of initial obligations to the acquirer, may indicate indirect interest.
Nevertheless, as experts emphasize, even with the majority of votes in the register, Prime is not able to unilaterally influence the satisfaction of other creditors' claims — they are considered by the court individually. However, the opportunity to influence the course of the procedure and delay it if there is sufficient weight in the creditors' meeting remains real.
The key in this situation will be the conclusion of the forensic examination: it will determine whether the evidence of the "Glavmasprom" about the absence of debt can be considered justified. So far, the bankruptcy trustee declares that the register of claims has not been finalized and creditors' applications continue to be considered. The final structure of the creditor mass and the fate of the company's assets largely depend on this conclusion.
Photo: Freepik
30.05.2025
