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NORTHERN DVINA MINI-FOOTBALL CLUB CLOSED IN POMORYE

The Northern Dvina football club announced liquidation. The fact that the sports organization could be closed down was assumed back in the spring of 2021 - then its main sponsor stopped cooperation with the organization. The leaders of the club failed to find a new candidate for this role. Northern ...

CATERING ESTABLISHMENTS OF MOSCOW ARE ON THE VERGE OF CLOSURE

... the situation is obvious. As the restaurateurs themselves note, to suspend the restaurant's activities voluntarily or wait until it is suspended for 90 days as a sanction for an administrative offense is not a big choice, because both roads lead to liquidation or bankruptcy.

INTERPROMBANK OF MOSCOW WILL BE DRIVEN TO BANKRUPTCY

... services to the country's defense enterprises for many years. According to the regulator, Interprombank violated the law by understating reserves and concluding contracts with non-core assets. It was expected that the Bank of Russia would seek the forced liquidation of the bank, but the regulator acted differently. It is obvious that the bank had shown its ineffectiveness even before the license was revoked - last year's losses amounted to 3.9 billion rubles - more than a half of its capital. The organization ...

CENTRAL BANK OF RUSSIA LIQUIDATES NEYVA BANK OF EKATERINBURG

The lawsuit on liquidation of the Neyva bank appeared in the files of the Court of Arbitration of Sverdlovsk region. The claims of the Central Bank of the Russian Federation to the bank, which was deprived of its license in April, have not been disclosed. The application ...

RADIO MARKET IN ROSTOV-ON-DON WILL BE LIQUIDATED

The Rostov radio market, praised by rapper Basta, will be closed in the nearest future. The owner of the territory has already issued an official order to the tenants to terminate the lease agreements by July 1, 2021. It is still unknown to what place the entrepreneurs will move and what awaits the market workers. The mayor's office of Rostov reported that the city administration was not involved in the closure of the market. Eyewitnesses note that the owner's decision to close the market, which...

OPIOID CRISIS THREATENS TO DRIVE MALLINCKRODT COMPANY TO BANKRUPTCY

The Irish pharmaceutical company Mallinckrodt, founded in 1867, is under threat of bankruptcy. The hearing of Delaware County court is scheduled for April 27. The bankruptcy itself was initiated by the company last year, on October 12, by applying to court in accordance with Chapter 11 of the US Bankruptcy Code. Now the court will have to decide whether the company will actually be able to go through the debt restructuring procedure. One of the main issues is the approval of the terms of restructuring...

CENTRAL BANK OF RUSSIA REVOKED THE LICENSE OF GEOBANK

The Central Bank of Russia announced the revocation of the banking license from Geobank LLC. The decision was made due to numerous violations committed by the credit institution. The representatives of the Central Bank stated that Geobank completely lost its funds. In addition, the institution violated federal laws and regulations of the Central Bank. Over the past year, the regulator has repeatedly tried to apply measures to Geobank, and even imposed a ban on attracting funds from depositors....

ELISEEVSKY STORE IN MOSCOW IS ON THE VERGE OF CLOSURE

... allowing one to see the 50% discount on goods, instills pessimism in those who still remember the legend of Soviet trade, which amazes guests of the city with splendor and luxury. Last year, the store's CEO Natalya Kharitonova tried to dispel rumors of liquidation. "The lease agreement with the Moscow Property Management Committee, which owns the historic building, continues to be in force, and the management company continues to work," said Kharitonova. The official founder of the store has ...

CHINESE FOOTBALL CLUB FILED FOR BANKRUPTCY AFTER WINNING SUPER LEAGUE

Jiangsu Suning Club from China announced that it plans to apply to court with a petition for its own bankruptcy. According to CGTN, the sports club did not pay the football player's royalties for the whole quarter, and owed bonuses due to the champions of the Super League. Four months ago, Jiangsu Suning became the leader of the competition for the first time in its history. The club is owned by the Suning Commerce Group. The company acquired the sports asset for $ 80 million in 2015, although...

FORECAST OF EXPERTS: 9.7% OF RUSSIAN COMPANIES MAY BE LIQUIDATED BY 2021

The data on the monitoring of business in Russia, carried out in early February by Boris Titov's office, is disappointing. Almost every tenth of the interviewed owners and managers of Russian companies (5,000 respondents took part in the sample) reported that they were preparing to liquidate their business. While the representatives of small and medium-sized businesses are asking for benefits for the payment of compulsory payments to the state, most point to a steady drop in demand as the main...

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