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A LARGE CHEESE PRODUCER HAS GONE BANKRUPT IN ST. PETERSBURG

Arkon Retail, a well-known cheese manufacturer and supplier of dairy products, has declared bankruptcy in St. Petersburg. The court opened bankruptcy proceedings in this case. The debt in the amount of 92,464,101.01 rubles was included in the register of claims. Irina Kopus, representing the Self-regulatory Organization of Arbitration Managers "Strategy",...

THE TAX AUTHORITIES WILL BANKRUPT THE STRUCTURE OF THE DEVELOPER FROM ST. PETERSBURG

On June 2, 2024, the arbitration court in St. Petersburg received a statement of claim from the tax authorities (FTS No. 16). In it, representatives of the fiscal department demanded that the company "Basis", which is owned by SZ SPB Srednerogatskaya (Seven Suns Development ...

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 ... ... Swedish construction company Bonava in 2019. The most active critic of the architecture of the project was then the speaker of the St. Petersburg Legislative Assembly Vyacheslav Makarov. The conflict relations between the structures of PLG (formerly Plaza Lotus ...

ST. PETERSBURG DEVELOPER IS THREATENED WITH BANKRUPTCY

... also not known. The two firms have been conducting legal proceedings since last summer. The reason for the dispute was the St. Petersburg hotel. Alfa Faberge bought his project from PLG (former name – Plaza Lotus Group) in the fall of 2022. Experts ... ... counterclaim remained unsatisfied. According to Bakharev, quoted by the Business Petersburg edition, there are no grounds for bankruptcy of the company. A firm can close a debt approved by a court decision if it receives a writ of execution. At the same ...

BUSINESS WRITER THREATENS BANKRUPTCY OF ST. PETERSBURG BOOKSTORE

Insolvency threatens the famous bookstore of St. Petersburg. The company "Skid" announced its desire to file a bankruptcy claim in arbitration. Previously, she had already been in litigation with the ANO "Writers' Bookstore", which manages the store of the same name. The court ordered the bookselling organization to pay the creditor more than 5 million ...

MYASNOYE PODVORYE WAS DECLARED BANKRUPT

... compounded by the situation with the main co-owner and CEO, Andrey Polyakov. In the fall of 2024, he was declared bankrupt at the request of the same bank. This further complicated the financial situation of the company. This case is no exception for St. Petersburg. Earlier, Alexander Starobinsky, the owner of the ROCK-1 holding company, became bankrupt. In February 2025, this was reported by Rusbankrot. The debts of the owner of the fish processing company under a personal guarantee to the bank amounted to 1.6 billion. Myasnoye Podvorye will continue litigation aimed at debt liquidation in ...

THE LUGA MEAT PROCESSING PLANT WAS DECLARED BANKRUPT

The Arbitration Court in St. Petersburg recognized the bankruptcy of the Luga Meat Processing Plant (JSC LMC). The decision was published on September 13, 2023 (case no. A56-7865/2023). To date, the amount of claims against the company has amounted to 1,194,718,984,63 rubles. The history of the financial ...

CREDITORS DEMANDED THAT THE LUGA MEAT PROCESSING PLANT BE DECLARED BANKRUPT

... supervision, may be declared insolvent in the near future. The creditors of the company insist on this, having made the appropriate decision at the last meeting. The interim manager of the company, Tatiana Pedchenko, has already sent an application to the St. Petersburg arbitration court on the need to transfer the company to the stage of bankruptcy proceedings. The main creditor of the meat processing plant is the Rosselkhoznadzor. It was the credit institution that won a 1.5 billion lawsuit against the company in 2021 that initiated the bankruptcy process of the organization in court....

THE LAST LAND SUPERMARKETS HAVE CLOSED IN ST. PETERSBURG

... retailer's parent company TC Land. In 2021, there were 71 such appeals. In 2022, the network owed 111 million rubles to its counterparties, while a year earlier the debt was just over 30 million rubles. In early November 2022, the tax authorities filed a bankruptcy claim against TC Land. The amount of financial claims from the St. Petersburg Federal Tax Service No. 23 exceeded 12 million (case No. A56-111227/2022). The claim of the tax authorities was initially left without movement (until December 23), and then returned to the applicant. And the "baton" in the bankruptcy ...

THE DEFENDANTS IN THE BRIBERY CASE AT THE BALTIC PLANT WERE GIVEN PREVENTIVE MEASURES

In St. Petersburg, the district court decided on preventive measures. They have been imposed on several defendants in a bribery case ... ... that the plant completed 2024 with a profit, the management acknowledged that due to accumulated debt obligations, the risk of bankruptcy is still high. The company's published annual report talks about the possibility of financial collapse. In 2016, the ...

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