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THE SUPREME COURT EXPRESSED ITS POSITION ON THE RELEASE OF CITIZENS FROM DEBTS FOLLOWING THE RESULTS OF BANKRUPTCY

... citizen (No. A05-11/21), the Supreme Court considered a complaint against the acts of lower courts that refused to apply the rules on exemption from circumstances to the debtor. The essence of the case was that a citizen filed a petition for his own bankruptcy in the presence of debts in the amount of 2 million rubles. At the same time, part of the debt was formed 3 years before bankruptcy, and part – 3 months before filing the application. Having a certain level of income, a citizen repaid debts on loans, however, the attraction ...

MATVIENKO PROPOSED TO IMPOSE A MORATORIUM ON BANKRUPTCY

Chairman of the Federation Council Valentina Matvienko believes that the possible introduction of a moratorium on bankruptcy in Russia could contribute to the sustainability of the country's budget. She stated this at the plenary session of the Chamber of Regions. "Maybe it is worth imposing a moratorium on bankruptcy, returning to the experience of overcoming ...

THE ADVERTISING OF BANKRUPTCY SERVICES DID NOT LIKE THE UFAS

... write off debt obligations or in the form of a question, individuals were offered to make a choice between paying or writing off debts. Thus, the consumer could have the idea that it is not necessary to bear the burden of financial obligations at all. A special ... ... mislead citizens. At the same time, not a word was said in the advertisement about the negative consequences that arise during the bankruptcy procedure. This, according to the representatives of the antimonopoly department, violates part 7 of Article 5 of the ...

SANITIZED BANKS AND NPFS MAY BECOME LESS RESPONSIBLE FOR THE DEBTS OF "DAUGHTERS"

The State Duma will consider in the second reading a draft law, according to which the amount of subsidiary liability of rehabilitated organizations for the debts of legal entities controlled by them will be limited in the event of such obligations before the decision to start rehabilitation. We are talking about banks, insurance organizations and non-state pension funds (NPFs). The remainder of the debt ...

THE FINNISH TRAVEL COMPANY DETUR HAS DECLARED BANKRUPTCY

... the National Competition and Consumer Protection Authority (KKV) took up the investigation. Local experts emphasize that the bankruptcy of the company may affect not only residents of Finland, but also other Scandinavian countries. KKV has already appointed ... ... company's activities. In particular, the company was asked for data on compensation obligations and the repayment schedule of debts to customers. Currently, KKV advises citizens on the prospects in case the tour operator is finally declared insolvent. ...

ST. PETERSBURG BAKERY THREATENED WITH BANKRUPTCY

The bread factory "Arnaut" was under the threat of bankruptcy. The corresponding intentions were announced on the Fedresurs portal by the Tensor Legal law firm, publishing a message No. 13401386. The publication is dated October 4, 2022. In the past, the firm represented the interests of PlanetaAvto,...

IS RADIO HERMITAGE ALL? ASSETS OF THE BANKER BAZHANOV'S WIFE ARE PUT UP FOR AUCTION

... trial. The wife of the ex-owner of the International Bank "Saint Petersburg", who fled abroad, then had to restructure debts. Prior to that, in the spring of 2021, the DIA State Corporation began to bankrupt the radio company "Culture",... ... that in the event of an excessive price increase, a potential buyer may refuse to purchase. According to Fontanka, earlier the bankruptcy process of the radio company was terminated after the City Broadcasting Agency (GATR), controlled by the authorities ...

IT'S NOT HEALTHY TO LIVE. ELENA MALYSHEVA FACES RUIN

The other day, the famous TV presenter Elena Malysheva informed her fans about the difficult financial situation. According to her, she is the founder of several companies, a significant part of which may face bankruptcy in the near future. One of the projects ("Elena Malysheva's Diet") of the presenter brought her about 25 million rubles in losses last year. Another project ("Living healthy") he also showed no signs of success, showing ...

THE OLDEST PLANT IN KHAKASSIA IS AGAIN TRYING TO DECLARE BANKRUPT

The application for insolvency of the Abakan Experimental Mechanical Plant (AOMZ) was submitted to arbitration by representatives of the Federal Tax Service Administration. The firm, according to the court file, owed the state more than 14.6 million rubles. Last year Rusbankrot already wrote about a similar attempt by the tax authorities to bankrupt the oldest enterprise in Khakassia. Then the amount of claims was 16.8 million rubles. But the company managed to solve financial difficulties. The...

LOSE EVERYTHING. THE FOUNDER OF THE BANKRUPT FTX CRYPTO EXCHANGE WAS LEFT WITHOUT $26 BILLION

On November 11, FTX Group filed for bankruptcy in the US court. Among the participants in the lawsuit are the American "daughter" FTX Trading, the trading operator Alameda Research and 130 firms related to the activities of the crypto exchange. FTX founder Sam Bankman-Fried, whose ...

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