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THEY ARE TRYING TO DECLARE A CONSTRUCTION CONTRACTOR FROM TAMBOV BANKRUPT

... roads and sidewalks in Tambov. The municipal customer was dissatisfied with their result. He demanded that the contractor eliminate the comments on his own, but eventually appealed to the Tambov arbitration. The lawsuit between the municipality and the construction company in court (case no.A64-11135/2023), initiated in December 2023, ended in May 2024. The court ordered the contractor to eliminate the defects at its own expense and pay a fine in the amount of 2,334,391.05 rubles. This is not the only dispute that the Tambov ...

SAMARA CONSTRUCTION COMPANY DECLARED BANKRUPT

On September 9, 2024, the arbitration court ruled on the bankruptcy case of Belstroy (case no. A55-7891/2024). The company, which had recently received large contracts ... ... company has concluded about 60 state contracts worth 3.5 billion rubles. The company actively participated in tenders for the construction of social institutions. In Samara, Belstroy undertook the construction of a swimming pool for 329 million, and in ...

THE COURT DEFENDED THE RIGHTS OF AN EQUITY PARTICIPANT IN A DISPUTE WITH A BANKRUPT

... company provided information about payment under the disputed contract, which is why the developer had no grounds for unilateral refusal to fulfill obligations." At the same time, as the Supreme Court pointed out, when considering this dispute, the courts needed to check not only the circumstances cited, but also to establish the grounds for the company's unilateral refusal of the contract of participation in shared construction if there are relevant objections of the participant of shared construction involved in the case. However, the arguments, as well as the evidence of the company, which were attached to the case materials, were not given a legal assessment ...

A LARGE CONSTRUCTION COMPANY FROM UFA IS UNDER THREAT OF BANKRUPTCY

The Vostokneftezavodmontazh company (JSC VNZM), which implements construction projects for oil and gas enterprises, may go into bankruptcy. Bashkir arbitration satisfied the requirement of the ... ... already applied to arbitration with claims against VNZM. The total debt of the company in the amount of claims in the arbitration court is almost 347 million rubles. Last year, the company ended with a loss of 2.4 billion, despite the revenue received in the ...

“LEADER” CONSTRUCTION COMPANY IS DRIVEN TO BANKRUPTCY OVER DEBTS

... "Betonprom" firm got to court. The basis for this was a court verdict adopted at the end of 2021. The Omsk Arbitration Court made a decision that "Leader" CC must pay 3.16 million rubles of debt and 1.92 million rubles of a penalty under ... ... bankruptcy petition includes an amount of 4.8 million rubles. “Leader" is known in the region for its participation in the construction of several significant facilities. In particular, the company acted as a contractor in the construction of the historical ...

EXPERTS EXPECT BANKRUPTCY OF A NUMBER OF DEVELOPERS

The Russian construction industry may face a series of bankruptcies of developers in 2025, whose financial situation is at risk. Mikhail Goldberg, head of DOM.RF, emphasizes that these bankruptcies will be a natural stage of market cleaning. The expert is sure that ...

KRASNOYARSK DEVELOPER IS REQUIRED TO BE DECLARED BANKRUPT

The Krasnoyarsk Arbitration Court (the Arbitration Court of the Krasnoyarsk Territory) has received a claim for declaring the company "Monolithholding" insolvent. The construction company is one of the largest in the region. The initiator of the process was the tax authorities (MI FTS No. 1). They demand the collection of tax debts in the amount of more than 7 million. Despite the relatively small amount of debt, the ...

A TROUBLED DEVELOPER FROM YEKATERINBURG WANTS TO BECOME BANKRUPT

... region at the end of October (case no. A60-62866/2024). The amount of the declared debt amounted to 472,876,709.09 rubles. The court accepted the claim for consideration, scheduling a hearing on the case for December 4, 2024. Earlier, this company rented ... .... According to the portal E1.RU The residents of the house are in a panic, fearing the consequences of the insolvency of the construction company. In particular, we are talking about warranty repairs, which can be very problematic to achieve from a company ...

THE MOMENT OF ASSIGNMENT OF THE CLAIM TO THE DEVELOPER DOES NOT AFFECT THE RIGHT OF THE SHAREHOLDER TO RECEIVE COMPENSATION

... citizens participating in shared-equity construction in respect of an apartment building, the developer of which is the debtor. At the same time, the creditor's claims for the transfer of residential premises are included in the register of claims of construction participants, and the court concluded that the creditor, as a construction participant, has the right to receive compensation from the fund. The appeal refused to satisfy the application, referring to the fact that the assignment agreement was signed by the parties, registered ...

THE BANKRUPT SOCHI DEVELOPER FOUND HIMSELF WITHOUT PROPERTY

... by September 9, 2024, in order to avoid further bankruptcy. But the circumstances were different. Kiryushin, who was elected to the Sochi City Assembly as a deputy, did not close the company's debts. It is known that he currently heads another local construction company (KR+ firm), in which he owns 60% of the capital. The main beneficiary of the specialized developer Selena is Rafael Avetisov. He also owns several catering enterprises and the ARS-Group company in the region. The next court hearing is scheduled for October 8. At the moment, the bankruptcy process of the specialized developer Selena continues to develop. Further actions in this case will depend on the court's decision and the fulfillment of obligations on the part of ...

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