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ST. PETERSBURG DEVELOPERS HAVE CONCLUDED A SETTLEMENT AND AVOIDED BANKRUPTCY

... Vitaly Bakharev. The company gained fame by acquiring the Meltzer Hall residential complex construction project from the 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 ... ... interest payments. However, the borrower managed to pay only 21 million. This was the reason for applying to arbitration with a bankruptcy claim. Now it is assumed that Bakharev's firm will be able to resolve the conflict using financial assistance from ...

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 ... ... raising funds from shareholders. According to the prosecutors, the entrepreneur violated the requirements of the law during the construction of the residential complex (part 2 of Article 200.3 of the Criminal Code of the Russian Federation). His term in ...

PETROSTROY WAS OFFICIALLY DECLARED BANKRUPT

... later date, officially became bankrupt. The decision was made by the arbitration of St. Petersburg and the Leningrad region. The application for insolvency was filed... ... regional committee of gosstroynadzor. However, the main beneficiary of the developer's bankruptcy is the regional government. The firm failed to complete 11 real estate objects... ... officials are trying to attract funds from extra-budgetary sources to participate in the construction. About 8 billion rubles are not enough to complete the construction. Judging...

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