RusBankrot
We know everything about bankruptcy
14/01/2026
Wednesday
THIS DAY IN HISTORY:
14 January 
1970 The clock of the "end of the world" was turned one minute back.
1970 The clock of the "end of the world" was turned one minute back
1970 The Moscow region was formed.
1970 The Moscow region was formed
1970 Peter I ordered to the Russian nobles to wear short European suits instead of old long clothes.
1970 Peter I ordered to wear short European costumes instead of old long clothes to the Russian nobles
14 January
1970 The clock of the "end of the world" was turned one minute back.
1970 The clock of the "end of the world" was turned one minute back
1970 The Moscow region was formed.
1970 The Moscow region was formed
1970 Peter I ordered to the Russian nobles to wear short European suits instead of old long clothes.
1970 Peter I ordered to wear short European costumes instead of old long clothes to the Russian nobles
THE COURT RECOGNIZED THE WITHDRAWAL OF ASSETS DURING THE BANKRUPTCY OF ONE OF THE STRUCTURES OF OBUV ROSSII
As part of the bankruptcy procedure of a manufacturing company that is part of the Obuv Rossii Group, the Novosibirsk Arbitration Court (AS NSO) concluded that the company was withdrawing liquid assets. The reason for this was the consideration of applications from the bankruptcy trustee, who demanded that a number of financial transactions of a legal entity (Fabrika S-Tep LLC) conducted immediately before the company's insolvency be declared invalid.
The factory's insolvency process was initiated in November 2022. She received the status of official insolvency in April 2024. KOO then applied to arbitration with a number of petitions, challenging dozens of contracts signed by the organization in anticipation of insolvency. During the past year, the requirements were clarified, and the final list included money transfers to 74 legal entities for more than 59 million rubles.
According to KU's assessment, all these payments are similar. The money received by the contractors from the factory was almost immediately redirected to other structures, which indicated the transit nature of the operations. The court pointed out that such a scheme may indicate a formal fragmentation of money flows.
Anton Titov, the founder and owner of Shoes of Russia, insisted that the transfers were related to current production needs, including the repair of the roof at the factory and the purchase of raw materials for the manufacture of shoes. However, the arbitration court pointed out that such arguments should be treated critically, since they are not supported by the totality of the evidence presented.
The court had additional doubts about the condition of the counterparties themselves. Some firms that received funds from the factory were in liquidation and did not actually carry out business activities. Taken together, these circumstances indicate the creation of the appearance of economic transactions.
Last year, 12 transactions were declared invalid. The sum of each of them is about half a million. The Court concluded that such transactions were part of a single model of artificial fragmentation of financial flows.
The factory was under the control of the companies OR (LLC) and ORG (PAO), which are part of Obuv Rossii. The S-Tep brand was formed a quarter of a century ago. In 2019, the financial performance of the company became noticeably worse.
During the court hearings, the owner of the holding company noted that the most problematic situation at the plant was in 2022. The following year, about 1.5 billion rubles of losses were received.
Photo: Freepik
The factory's insolvency process was initiated in November 2022. She received the status of official insolvency in April 2024. KOO then applied to arbitration with a number of petitions, challenging dozens of contracts signed by the organization in anticipation of insolvency. During the past year, the requirements were clarified, and the final list included money transfers to 74 legal entities for more than 59 million rubles.
According to KU's assessment, all these payments are similar. The money received by the contractors from the factory was almost immediately redirected to other structures, which indicated the transit nature of the operations. The court pointed out that such a scheme may indicate a formal fragmentation of money flows.
Anton Titov, the founder and owner of Shoes of Russia, insisted that the transfers were related to current production needs, including the repair of the roof at the factory and the purchase of raw materials for the manufacture of shoes. However, the arbitration court pointed out that such arguments should be treated critically, since they are not supported by the totality of the evidence presented.
The court had additional doubts about the condition of the counterparties themselves. Some firms that received funds from the factory were in liquidation and did not actually carry out business activities. Taken together, these circumstances indicate the creation of the appearance of economic transactions.
Last year, 12 transactions were declared invalid. The sum of each of them is about half a million. The Court concluded that such transactions were part of a single model of artificial fragmentation of financial flows.
The factory was under the control of the companies OR (LLC) and ORG (PAO), which are part of Obuv Rossii. The S-Tep brand was formed a quarter of a century ago. In 2019, the financial performance of the company became noticeably worse.
During the court hearings, the owner of the holding company noted that the most problematic situation at the plant was in 2022. The following year, about 1.5 billion rubles of losses were received.
Photo: Freepik
14.01.2026
