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THE SUPREME COURT ALLOWED TO BANKRUPT FOREIGN FIRMS IN RUSSIA

... bankruptcy claims, where the defendant is a foreign element, many experts spoke in favor of the cancellation of such a verdict by the Supreme Court. Apparently, Igor Grechanik (the sole owner of the company and a Russian citizen), who filed a complaint with the ... ... attempts to declare a foreign individual or company insolvent have been made before. In February 2017, Alexander Baranov wanted to bankrupt a company registered in Cyprus (case no. A40-15873/17). However, the court did not initiate proceedings on his application. Another well-known lawsuit was that of Alice Dedyukhina, who tried to declare a company established in Norway insolvent (case no. A40-325345/19)....

THE SUPREME COURT SIDED WITH THE BONDHOLDERS OF ROSSETI

The Supreme Court refused Rosseti to consider the company's complaint against the decisions of lower instances in favor of one of ... ... process of circulation and repayment of bonds, which, in turn, will improve the investment climate. Currently, a number of similar lawsuits against the energy company are being considered in Russian courts. The total amount of claims is 20 billion rubles.

SUPREME COURT : PROVISIONS OF 44-FZ DO NOT APPLY TO PROFITABLE CONTRACTS

The Supreme Court of the Russian Federation considered the dispute on the claim of the procurement participant to the customer (case no. A55-17853/20). Notices of an auction for the placement of advertising structures were posted on the website of the city ...

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