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TYUMEN GAS STATION CHAIN IS CHANGING ITS BRAND DUE TO THE BANKRUPTCY OF THE EX-OWNER

... auction as part of the insolvency of New Petroleum Tyumen. The bankrupt organization was associated with the Novy Potok Group of Companies, the owner of the Antipinsky Oil Refinery. The company was declared bankrupt in December 2020. The initiator of the bankruptcy was the Moscow Credit Bank, which demanded 2.5 billion rubles from the defendant. The buyer of the Antipinsky Oil Refinery was Rusinvest, which offered 110.9 billion rubles for the lot. The current owner of the network received more than 4....

THE OWNER OF THE LIPETSK "UYUTERRA" HAS COMPLETED BANKRUPTCY

Lipetsk Arbitration announced the completion of the bankruptcy proceedings of the Planetastroy company. The organization managed the Uyuterra retail chain and was declared insolvent in 2017. In May 2024, bankruptcy trustee Oleg Loginov appealed to the court with a petition, asking to complete the bankruptcy ...

IMPORTANT CHANGES IN THE BANKRUPTCY LAW

A number of significant amendments have been made to the Insolvency Law. In particular, now a citizen's spouse and relatives can be involved in bankruptcy. Now the arbitration manager has the right to receive data on the assets of the debtors' spouses without going to court. In addition, the arbitration manager can find out information about the property and other relatives of the bankrupt. ...

THE SUPREME COURT WILL LOOK INTO THE PRE-EMPTIVE RIGHT OF THE CORPORATION'S PARTICIPANTS IN THE BANKRUPTCY OF A PARTICIPANT

As part of the bankruptcy case of a citizen (No. A50-18848/16), the manager applied for approval of the regulations on the sale of shares owned by the debtor in the LLC. Approving the provision, the courts of three instances proceeded from the fact that in the event ...

ST. PETERSBURG DEVELOPERS HAVE CONCLUDED A SETTLEMENT AND AVOIDED BANKRUPTCY

Alfa Faberge construction company avoided bankruptcy by agreeing with creditors. The organization has concluded amicable agreements with PLF JSC (PLG structure) and L-Industry and Sinopskaya Embankment companies affiliated with the developer. According to RBC Petersburg, the deal was finalized ...

THE SUPREME COURT WILL CONTINUE TO LOOK INTO THE RATIO OF COLLATERAL AND TAX CLAIMS IN BANKRUPTCY

... determining the procedure for repayment of debts on mandatory payments that arose as a result of the continuation of the debtor's business activities, in priority order to repay the claims of the collateral creditor in the period after the commencement of bankruptcy proceedings. The rest of the claims were denied. The higher courts attributed the requirements of the Federal Tax Service to the priority order in full. The Supreme Court (SC) referred the complaints of the governor and the bank to the board,...

THE MANAGER IS NOT OBLIGED TO NOTIFY ALL CREDITORS ABOUT THE BANKRUPTCY PROCEDURE

... The courts of two instances, satisfying the application, restored the deadline for filing the claim, based on the fact that neither the applicant nor the original creditor of the debtor were informed by the financial manager about the initiation of bankruptcy proceedings of the debtor. The District court, including the requirement for the register, proceeded from the following: • The creditor filed a claim with the arbitration court outside the two-month period from the date of publication of information ...

PLYWOOD FACTORY IN VORONEZH IS FACING BANKRUPTCY

... Mill. However, its revenue for 2022 is almost two times less and amounts to 383.2 million. During this period, the organization suffered a loss of 28.6 million. This is not the first time that the Plywood Factory has been in a situation bordering on bankruptcy. Previously, Progress, Biolesprom and other persons sued the company. But threats on Fedresource did not always reach court proceedings. In 2022, a lawsuit with the Plywood Factory was initiated by TD Progress. The lawsuit was accepted by the ...

TAX AUTHORITIES WARNED THE CINEMA AND CONCERT COMPLEX IN ROSTOV ABOUT BANKRUPTCY

... reporters that he wants to build a large shopping and entertainment center on the site of the demolished cinema building by 2027. It is not clear whether these plans will be implemented if representatives of the Federal Tax Service manage to initiate bankruptcy proceedings in the arbitration court. The company itself suffered more than 400 thousand losses in 2023. Photo: Freepik

TAX AUTHORITIES HAVE TAKEN CONTROL OF THE BANKRUPTCY OF THE TREKHSOSENSKY BREWERY

... January, the arbitration finally sided with the Federal Tax Service, recognizing the results of the tax audit. This means that now over 99% of all creditors' claims against the organization are under fiscal control. The Trekhsosensky plant has been in bankruptcy since 2019 (case no.A55-31685/2019). The brewery, whose history dates back to the 19th century, was one of the largest in Russia, occupying a leading position in terms of tax payments to the regional budget. The organization is part of the ...

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