RusBankrot
We know everything about bankruptcy
30/01/2026
Friday
THIS DAY IN HISTORY:
30 January 
1970 Same-sex marriages were legalized in Belgium.
1970 Gay marriages were legalized in Belgium
1970 The Shekel currency was introduced in Israel.
1970 Charles Richter proposed the Richter’s scale for measuring earthquakes magnitude.
1970 Charles Richter proposed the Richter’s scale for measuring earthquakes magnitude
1970 Charles Darwin's book on natural selection was published in Russia.
1970 Charles Darwin's book on natural selection was published in Russia
30 January
1970 Same-sex marriages were legalized in Belgium.
1970 Gay marriages were legalized in Belgium
1970 The Shekel currency was introduced in Israel.
1970 Charles Richter proposed the Richter’s scale for measuring earthquakes magnitude.
1970 Charles Richter proposed the Richter’s scale for measuring earthquakes magnitude
1970 Charles Darwin's book on natural selection was published in Russia.
1970 Charles Darwin's book on natural selection was published in Russia
THE VORONEZH COMPANY APPEALED TO THE SUPREME COURT BECAUSE OF AN ERROR THAT LED TO BANKRUPTCY
The Supreme Court of the Russian Federation will consider the complaint of the Voronezh company Twins. The center of this dispute is the Inter-Business insolvency case. She received bankruptcy status in the fall of 2025. Twins was one of the creditors who paid off their tax obligations in an attempt to close the procedure.
The formal basis for the initiation of the case (No. A14-12784/2021) was the amount of debt of 3 million rubles. These obligations arose from the judicial act of 2021, issued at the request of the Voronezh Directorate (SIZO). Funds were recovered from the company for the exploitation of the land plot, based on the established judicial practice in the Central Federal District.
However, a few years ago, the arbitration court refused to recover a similar claim for the subsequent period. That is, in fact, the previous approach was recognized as incorrect. It turned out that the land has been in the organization's possession for permanent indefinite use since 1992. This excludes charging fees. Despite this, the initial erroneous decision was not reviewed, and the debt continued to hang on the balance sheet of the company.
In their appeal to the Supreme Court of the Russian Federation, the Twins representatives point to a paradox that has arisen: there are two legally valid but opposite judicial acts on the same issue. They insist that the fact that the arbitration ignores its own conclusions violates the rights of the participants in the process (both the debtor and creditors). In addition, the company expresses concerns that the detention center and the approved bankruptcy trustee may be interested in vacating the site, possibly for the expansion of the neighboring cemetery.
The situation is complicated by the overall control over both legal entities. Valery Korotkov owns a 57% stake in Inter-Business and 100% in Twins, which creates grounds for a conflict of interest. Twins, acting as a creditor, tried to stop the bankruptcy. The year before last, the company paid off even minor tax arrears, thereby hoping to terminate the procedure.
The financial situation of the Twins company remains difficult. According to the results of the year before last, the company entered losses of 3.5 million with a turnover of 154 million rubles. Since the end of 2025, the company has been undergoing reorganization, which adds to the tension in resolving the current dispute.
Consideration of the complaint by the Supreme Court of the Russian Federation should provide an answer to whether it is possible to resolve such a legal conflict when mutually exclusive solutions coexist. The outcome will determine not only the future of Inter-Business, but also the interests of all its creditors.
Photo: Freepik
The formal basis for the initiation of the case (No. A14-12784/2021) was the amount of debt of 3 million rubles. These obligations arose from the judicial act of 2021, issued at the request of the Voronezh Directorate (SIZO). Funds were recovered from the company for the exploitation of the land plot, based on the established judicial practice in the Central Federal District.
However, a few years ago, the arbitration court refused to recover a similar claim for the subsequent period. That is, in fact, the previous approach was recognized as incorrect. It turned out that the land has been in the organization's possession for permanent indefinite use since 1992. This excludes charging fees. Despite this, the initial erroneous decision was not reviewed, and the debt continued to hang on the balance sheet of the company.
In their appeal to the Supreme Court of the Russian Federation, the Twins representatives point to a paradox that has arisen: there are two legally valid but opposite judicial acts on the same issue. They insist that the fact that the arbitration ignores its own conclusions violates the rights of the participants in the process (both the debtor and creditors). In addition, the company expresses concerns that the detention center and the approved bankruptcy trustee may be interested in vacating the site, possibly for the expansion of the neighboring cemetery.
The situation is complicated by the overall control over both legal entities. Valery Korotkov owns a 57% stake in Inter-Business and 100% in Twins, which creates grounds for a conflict of interest. Twins, acting as a creditor, tried to stop the bankruptcy. The year before last, the company paid off even minor tax arrears, thereby hoping to terminate the procedure.
The financial situation of the Twins company remains difficult. According to the results of the year before last, the company entered losses of 3.5 million with a turnover of 154 million rubles. Since the end of 2025, the company has been undergoing reorganization, which adds to the tension in resolving the current dispute.
Consideration of the complaint by the Supreme Court of the Russian Federation should provide an answer to whether it is possible to resolve such a legal conflict when mutually exclusive solutions coexist. The outcome will determine not only the future of Inter-Business, but also the interests of all its creditors.
Photo: Freepik
23.01.2026
