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A CONCRETE PLANT IN PENZA WENT BANKRUPT DUE TO A DEBT OF 10.2 MILLION RUBLES

The Ternovsky concrete plant officially became bankrupt. The company owes its four creditors more than 10.24 million rubles. There were quite a lot of attempts to declare the company insolvent, but in January the court introduced a monitoring procedure on the claim of the company "Kontur", filed in December last year. The amount of the claim was 456 thousand rubles. By its decision, the arbitration court entered bankruptcy proceedings at the plant. As reported in the case file, there...

"NEW STREAM" DMITRY MAZUROV DECLARED BANKRUPT

The capital arbitration awarded JSC "Novy Potok" the status of a bankrupt. The company, which was previously part of Dmitry Mazurov's oil holding of the same name, has been under surveillance since November 2021 at the initiative of the Moscow tax authorities. The register of creditors' claims includes 76 million rubles in the second stage and 123 million rubles in the third. The firm was engaged in consulting activities in the field of management and commerce. Initially, the initiator...

SAS AIRLINE STARTED BANKRUPTCY AMID PILOTS' STRIKE

Scandinavian airline SAS applied to the US court with an application for insolvency. A New York court should consider it in the near future, relying on article 11 of the Bankruptcy Code. Experts call this provision of the law one of the most flexible for businesses operating simultaneously in several jurisdictions. The company hopes that the introduction of bankruptcy proceedings will allow the management to coordinate a restructuring program designed to modernize the fleet and attract new financial...

HOCKEY CLUB IN KOMI SENTENCED TO BANKRUPTCY

At the end of May 2022, the arbitration received an appeal from the hockey club "Builder" with a request to declare it insolvent. The amount of debt indicated in the claim amounted to 2,967 million rubles. However, the applicant did not attach copies of contracts and title documents, so the claim was left without movement for a month. In June, the shortcomings were corrected. The organization submitted to the court all contracts with creditors and extracts from the Unified State Register...

ONE OF THE LARGEST CRYPTOCURRENCY HEDGE FUNDS 3AC HAS GONE BANKRUPT

Following reports that Three Arrows Capital Ltd. (3AC) received an order from the Monetary Authority of Singapore (MAS) for "providing false information" and "misleading", and one of its subsidiaries was in the process of liquidation by the decision of the British Virgin Islands Court (BVI), 3AC filed bankruptcy application. This happened on the basis of section 15 of the US Insolvency Code, which regulates cross-border bankruptcy. 3AC wants bankruptcy to be recognized in the...

Roskosmos has joined bankruptcy case of the Miass Machine-Building Plant

A new creditor has appeared in the bankruptcy case of Miass Machine-Building Plant (MMBP) JSC. The beneficiary of the plant - the state corporation ‘Roscosmos’ has joined bankruptcy proceedings. The company demands 3.19 million rubles from the enterprise. The arbitration court of Chelyabinsk should consider the claims of the state corporation after the MMBP completes the monitoring phase, which began in December 2021. Last year, the plant applied to court, having announced debts of 2.38 billion...

Rasko glass factory declared bankrupt

On April 19, the arbitration recognized the insolvency of “Rasko” company. The organization is the owner of the plant in the village of Anopino, which was the largest glass making enterprise in the Gus-Khrustalny district of the Vladimir region. Bankruptcy proceedings are planned to be finished within six months. During this period, the bankruptcy trustee will have to prepare a report on the results of the next stage of bankruptcy of the organization. The plant's bankruptcy story became resonant...

"METAKA" AGRICULTURAL COMPLEX ENTERED BANKRUPTCY

A monitoring procedure was introduced at the Voronezh agricultural complex “Metaka” (case No. A14-663/2022). Such a decision was made by the arbitration of the Voronezh region after the suit of the “Forseti” company. The application was submitted in January 2022. The court appointed Aleksey Kovriga, who represents NGO “Dostoyanie” as bankruptcy trustee. "Forseti" law firm received the right to claim for recovery of 347.9 thousand rubles from the Novgorod company "Progress"...

Novosibirsk Subsidiary of Rusnano enters bankruptcy

The Novosibirsk firm “Liotech-Innovations” has filed for bankruptcy. The relevant decision was made by the arbitration after the firm had announced its inability to pay the bills at the end of 2021. The debts of the organization exceeded 432 million rubles. The enterprise was managed by the “Liteco”company, in respect of which a similar procedure was introduced last month. At the end of January, information about the company's intention to file for bankruptcy appeared on the website of the file...

“Taurus" meat processing enterprise declared bankruptcy

"Taurus" meet processing plant located in the Perm Territory applied to the regional arbitration with a statement of its own insolvency. The lawsuit is dated April 8 and has not yet been accepted for the court proceedings. There were also no explanations from the company's management and owners. “Taurus" processing plant enterprise appeared in 2006-2007. It was formed on the basis of the previously existing sausage production workshop. It is reported that the company have recently...

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