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SVYAZNOY TURNED OUT TO BE IN A PRE-BANKRUPTCY STATE

... its debt into long-term liabilities. However, under the conditions of anti-Russian sanctions, the situation has changed. Now experts are wondering whether its shareholders will "help" the company. If the main business owners in the person of Megafon (has a 25% share plus 1 share) or Solvers allocate funds to rescue Svyaznoy, there will be no autumn bankruptcy, and the company will continue its work in the market. Recognition of the company as insolvent will mean that not only the owners, but also the creditors may find themselves with nothing. It is worth considering that the retailer has about ...

MEGAFON RISKS BECOMING BANKRUPT DUE TO SANCTIONS AGAINST ALISHER USMANOV

The founder of the USM holding, Alisher Usmanov, whose main assets are Megafon and Metalloinvest, has been trying to challenge the personal sanctions imposed on him in the European Court since May. In a statement to the EU, he points to the possible bankruptcy of the main companies of the holding, including Udokan Copper. Financial losses, according to Usmanov, can turn out to be "irreparable damage" and will probably affect the lives of hundreds of thousands of employees and their families....

ORACLE IS UNDER SURVEILLANCE. THE STRUCTURE OF A WELL- KNOWN MANUFACTURER WILL BE BANKRUPTED

Oracle Computer Equipment Company ("OKO") has started bankruptcy proceedings. The arbitration of the capital introduced surveillance on the initiative of Kroc Incorporated, to which ... ... than 47 million) was an advance, which the Russian division of Oracle received in August 2021. Earlier, the mobile operator Megafon announced its desire to recognize OKO as bankrupt. He also has an arbitration court decision to recover over 44 million ...

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