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THE AIRLINE FROM TATARSTAN HAS FILED FOR BANKRUPTCY

... financial problems, including litigation with the organization's ex-founder, Azat Hakim, led Tulpar Air to bankruptcy. Anton Sidorkin currently holds the post of CEO of the airline. Experts estimate the company's assets at 760 million rubles. The airline's bankruptcy is partly related to the litigation that the organization conducted with its founder. On December 3, 2024, the Tatarstan arbitration court upheld Hakim's claims for payment of his share. The organization was ordered to pay 871 million to the former founder. Before that, Hakim had sued the company for another 419 million. The court added another 452 million and ...

TAX AUTHORITIES INITIATE BANKRUPTCY OF AN IT COMPANY IN TATARSTAN

At the end of August 2024, the Tatarstan Department of the Federal Tax Service appealed to arbitration with a claim for the insolvency of Orgneftekhim It (case No. A65-27408/2024). The fiscal authority demanded that the organization pay 19,836,888.78 rubles of debt. The beneficiary ...

Tatarstan sugar plant is being liquidated after bankruptcy

‘Nurlatsky Sugar’ failed to stand the competition and began voluntary liquidation immediately after filing for bankruptcy. The head of the company, Ilsur Shaydullin, is the liquidator of the company. The plant informed all interested parties ... ... accept claims from creditors until February 9, 2022. The enterprise, from which the sugar industry actually began to develop in Tatarstan, has worked for over 60 years. The plant produced the first 10.8 tons of sugar after commissioning at the end of 1958....

BIOPLASTICS MANUFACTURER IN TATARSTAN DECLARED INSOLVENT

On January 27, 2023, the arbitration of Tatarstan transferred JSC "2Bio" to bankruptcy proceedings. The organization was a joint Russian-Italian project. It was planned that the enterprise in Alabuga (SEZ) would organize the production of biodegradable plastic (PHA, polyhydroxyalkanoates), the output of which would reach 10,000 ...

THE NUMBER OF BANKRUPT CLAIMS FILED BY INDIVIDUALS INCREASED BY 50% IN TATARSTAN

... year, 4,178 bankruptcy cases were considered on the basis of lawsuits received by the court. At the same time, the number of considered cases more than doubled (by 106%), since in 2020 arbitration judges considered only 2032 of such cases. The head of Tatarstan called for a proper study of the reasons that serve as the basis for bankruptcy. He urged officials to delve into the situation more deeply, since in the vast majority of cases, the bankruptcy procedure ends with the liquidation of business, which affects the collection of taxes and the functioning of the economy. Experts ...

The co-owner of the Alga clothing brand is driven to bankruptcy by Sberbank

The credit institution applied to the arbitration court of Tatarstan with a bankruptcy claim against Timerhan Ziyatdinov, who is one of the co-owners of the Alga company. The claim for 7.1 million rubles was filed on September 22 and has not yet been accepted for proceedings by the court. What is the reason for Ziyatdinov's ...

A LAWSUIT FOR 400 MILLION WAS FILED AGAINST RAVIL ZIGANSHIN'S COMPANY

The Volga Construction Company filed an application to the arbitration of Tatarstan, demanding 400 million rubles from the Kazan Industrial and Construction Association. Both organizations are in bankruptcy, which may affect the course of the litigation. The application was registered in the judicial file (case no. A65-798/2025). The plaintiff's representative did not attend the first hearing. In this regard, the court postponed the consideration ...

Yelabuga Development Assistance Fund went bankrupt over fireworks

... Sverdlovsk region, which took its side. According to the verdict of the arbitration court, which entered into force on August 10, 2021, the Fund from Yelabuga had to pay about 1.1 million rubles, including interest and legal costs. The arbitration of Tatarstan initially set the bankruptcy procedure until the end of 2021. Subsequently, the court session was postponed several times, but recently the Fund has officially received the status of bankrupt. The bankruptcy proceedings are expected to be held until August 8, 2022. The ...

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