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VTB AND SBERBANK WILL BANKRUPT THE BOND ISSUER OR GROUP

Also, credit organizations have submitted applications for joining the micro-credit company OR Group - LLC "Arithmetic". Sberbank and VTB have filed applications to the Moscow Arbitration Court to declare bankrupt LLC OR (the issuer of bonds of OR Group, a Russian clothing and footwear retailer). This is reported by Fedresurs. Credit organizations applied to join the cases initiated by LLC "CHOP" Brest plus" on the recognition of bankrupt ...

VTB WILL TRANSFER ASSETS WORTH 170 BILLION RUBLES TO A NEW LEGAL ENTITY

VTB shareholders (MOEX: VTBR) have approved the creation of a separate legal entity to manage blocked assets. This decision was made at an extraordinary meeting. By the end of 2024, the bank intends to transfer assets and debts to creditors from unfriendly countries to a new separate legal entity. The total amount of obligations is up to 170 billion rubles, Kommersant clarifies. As explained in the VTB press service, such a measure will help to increase the efficiency ...

VTB DEMANDS MORE THAN 2 BILLION FROM THE "PHARMACY FROM THE WAREHOUSE"

VTB Bank filed a lawsuit for over 2 billion rubles against the Pharmacy from the Warehouse network (No. A40-189082/2024). The court accepted the application of the credit institution for production. The essence of the requirements for the pharmacy chain ...

VTB WAS NOT SATISFIED WITH THE CHANGE OF OWNERS IN THE "DAIRY CULTURE"

... beneficiary of the parent company of the group "Dairy Culture" ("MK"). VTB was not satisfied that he transferred 99% of assets to other persons. Experts believe... ... a co-owner of Artis-Agro Export. At the moment, the organization is going through a bankruptcy process. In 2022, the businessman turned out to be a person involved in the... ... Kommersant, the entrepreneur owed him $378 million. VTB reports on the businessman's debt of 1.4 billion rubles and $ 16.1 million. The basis was a guarantee on a credit...

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