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THE LARGEST BANKS ATTACK THE "SHOES OF RUSSIA" WITH THREATS OF BANKRUPTCY

... structures controlled by the company "OR" (the issuer of the holding's shares), received a signal about the beginning of bankruptcy. Three of the largest credit institutions in Russia have published information about this on Fedresurs. VTB and Sberbank ... ... ended, in early October. Later, a similar message was published by Promsvyazbank (PSB). Recall that the group of companies "Shoes of Russia" (OR Group) began 2022 with a default on the payment of about 592 million rubles to holders of exchange-traded ...

SHOE COMPANY RALF RINGER UNDER THREAT OF BANKRUPTCY

The lawsuit between Ralph Ringer JSC and employees of two tax authorities (IFNS No. 15 and IFNS No. 18) threatens to turn into bankruptcy for the shoe manufacturer. The tax authorities seized the company's property, demanding 1.497 billion rubles from the company. In addition, the Federal Tax Service issued a ban on the sale of office equipment, as well as the alienation of accounts ...

CO-OWNER OF "SHOES OF RUSSIA" TITOV BANKRUPT VTB

... to arbitration with a request to declare insolvent businessman Anton Titov, the main beneficiary of OR Group (formerly "Shoes of Russia"). VTB's requirements for it exceed 825 million rubles. The lawsuit itself has not yet been accepted by the ... ... weeks ago, Rusbankrot already covered the problem of OR Group related to default in early 2022. It is not surprising that soon bankruptcy applications began to arrive from several companies. Among the creditors were not only banks (VTB, Sberbank, Promsvyazbank),...

KARI SHOE CHAIN INITIATES LITIGATION WITH FAS OVER CONTEXTUAL ADVERTISING

On December 1, 2023, Kari Company (TIN 7702764909) filed an application with the Moscow arbitration court (case no. A40-283677/2023). The firm demanded that the decision of the Federal Antimonopoly Service (FAS), adopted on September 14, 2023, be declared illegal. The antimonopoly authority refused to initiate a case of violation of the law by the Clothing House company (which manages the Zenden shoe chain). After the TsentrObuv network, which was the leader in the Russian market until 2015, became...

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