Search

BULGARIAN GRAIN PRODUCERS FEAR BANKRUPTCY

... than that established in Bulgaria. At the same time, some drugs used by Ukrainian farmers have long been banned by Bulgarian farmers. All this threatens that they will be forced to sell grain at a price below cost, which threatens losses and subsequent bankruptcy. In mid-March 2022 edition standartnews.com published a note related to the increase in sunflower prices. In it, Prodanov also reported on the market turmoil due to the situation in Ukraine. Then the Bulgarian authorities suspended grain exports ...

BANKRUPTCY OVERTOOK THE VOYAGER DIGITAL CRYPTO-LENDER

The Voyager Digital crypto lender filed for bankruptcy, a week after suspending withdrawals, trading and deposits on its platform. This decision was forced, since the search for alternative solutions to financial problems proved fruitless. If the company has at its disposal from 1 to 10 billion ...

THE PORT OF YEYSK ASKED FOR BANKRUPTCY PROTECTION

... organization managing the activities of the city-forming enterprise faced the threat of insolvency due to the suspension of maritime navigation caused by the beginning of the Russian military special operation in Ukraine. Information about the possible bankruptcy of one of the stevedores of the Azov Sea basin was published by Duma deputy Eduard Kuznetsov. The parliamentarian said that he had sent a letter to the Chairman of the Government of the Russian Federation Mikhail Mishustin. In it, he draws ...

Saratov accumulator battery manufacturer is being driven to bankruptcy again

The Saratov Plant of Independent Current Sources (ICS Plant LLC) turned out to be a candidate for bankruptcy again. At the end of March, the St. Petersburg company ‘Metallon’ tried to drive the company to bankruptcy due to a debt of almost 17.5 million rubles. A month and a half later, a similar application to the arbitration was received from the ...

Supreme Court eliminated a problem of uncertainty in bankruptcy case

The Judicial Board for Economic Disputes of the Supreme Court of the Russian Federation had to deal with a dilemma related to the binding nature of court decisions encountered in bankruptcy cases. On April 20, 2022, the judges issued a ruling related to case No. А53-24369/2019. On July 15, 2019, employees of the Federal Tax Service of the Russian Federation initiated an insolvency case against “Mettrade” company. In August of ...

MASS BANKRUPTCY OF KUZBASS COAL MINERS IS COMING TO ITS FINAL STAGE

7 coal mining companies of Kuzbass are at the stage of bankruptcy proceedings at once. A significant part of them received the bankrupt status in the period from 2016 to 2021. Many organizations suffer losses, and some of them have reported zero revenue. The “Inskoy” mine has become one of the most scandalous ...

Supreme Court will consider the complaint of a bankruptcy trustee about the amount of damages

The bankruptcy trustee Tatyana Lobova filed a cassation appeal with the Supreme Court of the Russian Federation, trying to challenge the verdicts of lower courts on the recovery of more than 44.46 million rubles from her. At the same time, the total amount ...

Business bankruptcy: St. Petersburg ranks second in the country

... quarter of this year. In terms of bankruptcies of individuals, St. Petersburg took only the sixth place in Russia - 2,101 people in three months. On the first three lines there are the Krasnodar Territory, the Moscow Region and Moscow (2657, 2571 and 2501 bankruptcy, respectively). St. Petersburg is traditionally distinguished by high business activity, so the second place in business bankruptcy looks quite natural, comments Elena Kozina, the managing partner of the “ELKO profi” law office. Since the end ...

Tax authorities driving media outlet with a foreign agent status to bankruptcy in a simplified manner

On April 15, 2022, the Arbitration Court of Moscow is to consider the bankruptcy case of Radio Free Europe/Radio Liberty (the organization is recognized as a foreign agent in Russia). The case against RFE/RS (No. А40-42153/22) was initiated by the tax authorities on March 7, but the lawsuit had remained unaccepted for ...

Nord Stream II preparing for bankruptcy

The operator of the Nord Stream 2 project is about to declare bankruptcy in a few days. The company was in a state of collapse against the backdrop of Western sanctions and a Russian special operation that unfolded on the territory of Ukraine. It is reported that the application will be submitted to the Swiss ...

Sorted by relevance | Sort by date