RusBankrot
We know everything about bankruptcy
21/07/2026
Tuesday
THIS DAY IN HISTORY:
21 July 
1970 The men of Ingushetia were allowed to have four wives - a year later the law was repealed by the Supreme C The men of Ingushetia were allowed to have four wives - a year later the law was repealed by the Supreme Court of the Russian Federation.
1970 The men of Ingushetia were allowed to have four wives - a year later the law was repealed by the Supreme Court of the Russian Federation.
1970 Mikhail Romanov was crowned in Moscow, having become the first Tsar in the Romanov dynasty.
1970 Mikhail Romanov was crowned in Moscow, having become the first Tsar in the Romanov dynasty.
1970 Pope Paul III established the Roman Inquisition to fight Protestantism.
1970 Pope Paul III established the Roman Inquisition to fight Protestantism.
21 July
1970 The men of Ingushetia were allowed to have four wives - a year later the law was repealed by the Supreme C The men of Ingushetia were allowed to have four wives - a year later the law was repealed by the Supreme Court of the Russian Federation.
1970 The men of Ingushetia were allowed to have four wives - a year later the law was repealed by the Supreme Court of the Russian Federation.
1970 Mikhail Romanov was crowned in Moscow, having become the first Tsar in the Romanov dynasty.
1970 Mikhail Romanov was crowned in Moscow, having become the first Tsar in the Romanov dynasty.
1970 Pope Paul III established the Roman Inquisition to fight Protestantism.
1970 Pope Paul III established the Roman Inquisition to fight Protestantism.
"U.D.P. AUTO" GOES BANKRUPT: OUTPACING CREDITORS DOES NOT GUARANTEE PROTECTION FOR THE DIRECTOR
On July 17, the court registered the bankruptcy petition of Yu Di Pi Auto LLC after the publication of the intention on the Federal Resource. Let's analyze what the court will check before the introduction of the procedure and where there is a personal risk for the management.
The Moscow Arbitration Court has opened case No. A40-207825/2026 on the application of Yu Di Pi Auto LLC for its own bankruptcy. The card was registered on July 17. As of July 20, the court decisions have not yet been published, so the company has not yet been declared bankrupt and the procedure has not been initiated.
The preliminary stage began earlier. On June 29, the Unified Federal Register of Information on Legal Entities posted message No. 37177956 about the debtor's intention to file a lawsuit. More than fifteen calendar days passed between the publication and registration of the application. This sequence complies with the general rule of prior notification, but it does not confirm the validity of the application on its own.
Self-bankruptcy does not grant immunity to the company
The debtor's application is often perceived as an attempt to take the initiative away from creditors. In a procedural sense, early filing does indeed affect the priority of processing applications. However, Federal Law No. 127-FZ of 26.10.2002 "On Insolvency (Bankruptcy)" requires the debtor to disclose the circumstances of the financial crisis, the composition of debts and property, information about accounts, enforcement proceedings, employees, and obligations to the budget.
The court will have to check whether there was a duty to file an application or whether the debtor used the right to file an application in anticipation of bankruptcy, whether the publication procedure was followed, whether the necessary documents were attached, and whether there were funds available for financing the procedure. Registering a card only marks the beginning of the verification process. She does not confirm insolvency by a court order and does not exempt the director from explaining previous decisions.
If the signs of the crisis appeared long before June 29, the central issue will be the timeliness of the application. For the manager, it is not only the delay in filing that is dangerous. The court and the future manager will restore the period when the company could no longer fulfill its obligations, but continued to take new advances, issue collateral, return loans to related parties, or transfer liquid assets.
What will creditors see?
After the case is initiated, creditors receive a single point of observation: the arbitration case card. If the court initiates the procedure, key messages will appear in the Unified Federal Register of Bankruptcy Information. These messages will include information about the manager, the publication date, the procedure for submitting claims, and information about creditor meetings. Until such a message appears, the deadline for inclusion in the register cannot be considered to have begun.
It is beneficial for creditors to review the amount of the debt, the basis for its occurrence, the existence of a valid court decision, the provision of security, and partial payments in advance. If the claims are still disputed, it is important to prepare the evidence base now. In the first meeting of creditors, the weight is given to the recognized and included in the register claim, rather than the volume of business correspondence or the size of the claimed claim.
Transactions from recent years will be given special attention. Sales of cars and other property, assignment of receivables, set-offs, payments to individual creditors, issuance of collateral, and transactions within the group may be reviewed for equivalency and preference. Ordinary business transactions are evaluated based on the actual outcome: what the company received and whether it harmed other creditors.
What should a director collect before the first meeting?
A manager needs not a formal archive, but a coherent financial chronology. This includes a monthly payment calendar, dates of arrears, decisions on major transactions, property valuation documents, correspondence with key creditors, a forecast of revenues, and an explanation of the reasons why the company continued to accept obligations.
In our practice of defending directors, such a chronology allows us to separate the inevitable market crisis from actions that increased the deficit of the bankruptcy estate. If documents are collected after the appointment of a manager, some of the correspondence and calculations may already have been lost, and the position begins to be based on memories. Submitting your own application is the moment when the evidence should be ready, rather than the beginning of its search.
The case of Yu Di Pi Auto is still at the initial stage. The controversy here is not related to the violations already established by the court, but to the company's decision to file for bankruptcy. The following documents in the case file will determine whether the court will accept the application and what circumstances will be subject to review.
Regulatory framework and judicial practice
As of 20.07.2026.
Federal Law No. 127-FZ dated 26.10.2002 "On Insolvency (Bankruptcy)", Articles 8, 9, 37, and 38.
Case No. A40-207825/2026: https://kad.arbitr.ru/Card/1665ef9e-df72-4769-85a2-3b3bc1ae6859
Moscow Arbitration Court: https://msk.arbitr.ru/
EFRSB: https://fedresurs.ru/ — message No. 37177956 dated 29.06.2026; search by message number or debtor's TIN.
EGRUL: https://egrul.nalog.ru/ — search for Yu Di Pi Auto LLC by TIN 7725293660 or OGRN 1157746983107.
The Moscow Arbitration Court has opened case No. A40-207825/2026 on the application of Yu Di Pi Auto LLC for its own bankruptcy. The card was registered on July 17. As of July 20, the court decisions have not yet been published, so the company has not yet been declared bankrupt and the procedure has not been initiated.
The preliminary stage began earlier. On June 29, the Unified Federal Register of Information on Legal Entities posted message No. 37177956 about the debtor's intention to file a lawsuit. More than fifteen calendar days passed between the publication and registration of the application. This sequence complies with the general rule of prior notification, but it does not confirm the validity of the application on its own.
Self-bankruptcy does not grant immunity to the company
The debtor's application is often perceived as an attempt to take the initiative away from creditors. In a procedural sense, early filing does indeed affect the priority of processing applications. However, Federal Law No. 127-FZ of 26.10.2002 "On Insolvency (Bankruptcy)" requires the debtor to disclose the circumstances of the financial crisis, the composition of debts and property, information about accounts, enforcement proceedings, employees, and obligations to the budget.
The court will have to check whether there was a duty to file an application or whether the debtor used the right to file an application in anticipation of bankruptcy, whether the publication procedure was followed, whether the necessary documents were attached, and whether there were funds available for financing the procedure. Registering a card only marks the beginning of the verification process. She does not confirm insolvency by a court order and does not exempt the director from explaining previous decisions.
If the signs of the crisis appeared long before June 29, the central issue will be the timeliness of the application. For the manager, it is not only the delay in filing that is dangerous. The court and the future manager will restore the period when the company could no longer fulfill its obligations, but continued to take new advances, issue collateral, return loans to related parties, or transfer liquid assets.
What will creditors see?
After the case is initiated, creditors receive a single point of observation: the arbitration case card. If the court initiates the procedure, key messages will appear in the Unified Federal Register of Bankruptcy Information. These messages will include information about the manager, the publication date, the procedure for submitting claims, and information about creditor meetings. Until such a message appears, the deadline for inclusion in the register cannot be considered to have begun.
It is beneficial for creditors to review the amount of the debt, the basis for its occurrence, the existence of a valid court decision, the provision of security, and partial payments in advance. If the claims are still disputed, it is important to prepare the evidence base now. In the first meeting of creditors, the weight is given to the recognized and included in the register claim, rather than the volume of business correspondence or the size of the claimed claim.
Transactions from recent years will be given special attention. Sales of cars and other property, assignment of receivables, set-offs, payments to individual creditors, issuance of collateral, and transactions within the group may be reviewed for equivalency and preference. Ordinary business transactions are evaluated based on the actual outcome: what the company received and whether it harmed other creditors.
What should a director collect before the first meeting?
A manager needs not a formal archive, but a coherent financial chronology. This includes a monthly payment calendar, dates of arrears, decisions on major transactions, property valuation documents, correspondence with key creditors, a forecast of revenues, and an explanation of the reasons why the company continued to accept obligations.
In our practice of defending directors, such a chronology allows us to separate the inevitable market crisis from actions that increased the deficit of the bankruptcy estate. If documents are collected after the appointment of a manager, some of the correspondence and calculations may already have been lost, and the position begins to be based on memories. Submitting your own application is the moment when the evidence should be ready, rather than the beginning of its search.
The case of Yu Di Pi Auto is still at the initial stage. The controversy here is not related to the violations already established by the court, but to the company's decision to file for bankruptcy. The following documents in the case file will determine whether the court will accept the application and what circumstances will be subject to review.
Regulatory framework and judicial practice
As of 20.07.2026.
Federal Law No. 127-FZ dated 26.10.2002 "On Insolvency (Bankruptcy)", Articles 8, 9, 37, and 38.
Case No. A40-207825/2026: https://kad.arbitr.ru/Card/1665ef9e-df72-4769-85a2-3b3bc1ae6859
Moscow Arbitration Court: https://msk.arbitr.ru/
EFRSB: https://fedresurs.ru/ — message No. 37177956 dated 29.06.2026; search by message number or debtor's TIN.
EGRUL: https://egrul.nalog.ru/ — search for Yu Di Pi Auto LLC by TIN 7725293660 or OGRN 1157746983107.
20.07.2026
