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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 the problems that arise in such companies have their roots ...

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).... ... Despite the relatively small amount of debt, the very fact of filing an application raises questions, given the scale of the developer's current activities. The Monolithholding company is known for its development projects on the territory of the regional ...

A TROUBLED DEVELOPER FROM YEKATERINBURG WANTS TO BECOME BANKRUPT

.... 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 ... ... event of its bankruptcy. The management company, which manages the building, offers residents to resolve all issues with the developer. However, the latter does not have funds in bank accounts. Citizens will have to go to court to receive a penalty from a Specialized developer Sakharov 85 due to non-fulfillment of deadlines for the delivery of real ...

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

As part of the bankruptcy case of the developer (No. A56-76787/17), the creditor applied to the court to determine the amount of compensation to the construction participant. Satisfying the application, the court of first instance proceeded from the fact that the territorial development fund decided to pay compensation to citizens participating in shared-equity construction in respect of an ...

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 ...

THE SCANDALOUS CHELYABINSK DEVELOPER WAS DECLARED BANKRUPT

... deliberately unreliable information about materials and equipment used. The amount of damage (38.8 million) was recovered from him by a court decision. Another criminal case was initiated against a group of people who stole money from the treasury. This happened during the construction of the short track center. In addition to Azamatov, who was accused of embezzlement, former deputy Minister Tatyana ... ... spring of 2023, the company was fined in connection with the failure of the contract concluded with the local authorities. The developer has not completed the construction of a kindergarten in Kopeysk by a pre-agreed deadline. As a result, the organization,...

APARTMENTS ARE USUALLY PURCHASED BY CITIZENS AS HOUSING

As part of the bankruptcy case of the developer (No. A56-19282/23), a citizen applied to the court for the inclusion of requirements in the register of residential premises transfer. The courts of two instances included the requirements in the 4th stage of the register, guided by the fact that the apartments were purchased by the lender not ...

MAGNITOGORSK TECHNOSTROY WAS DECLARED BANKRUPT

... 16), who presented financial claims to the organization in the amount of 255.7 million. At the time of the court's decision on bankruptcy, obligations in the amount of more than 260 million were included in the register of claims. In particular, the court included in them obligations to VTB Bank for 23.4 million rubles. The developer has been engaged in the construction of residential and non-residential real estate since 2011. Thus, the company became known for its participation in projects for the construction of agglomeration plant No. 5 for MMK (Magnitogorsk Iron and Steel Works). In 2019, the launch ...

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