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Irkutsk company intends to drive CSKA football club to bankruptcy

... debt was recognized as a result of legal proceedings, as Beta is the legal successor of F-Group. F-Group acted as the general contractor for the construction of VEB Arena. At the moment, ‘F-Group’ is declared bankrupt, but in 2020, the company filed a lawsuit against the football club, demanding almost 549 million rubles for unjust enrichment. The plaintiff's position was based on the fact that CSKA had withheld the money for the construction payment as a penalty. The reason is a violation of the contract (delay in work). The court of first instance rejected the claim of F-Group. Then there was the court of appeal, which supported CSKA, but reduced the amount of the penalty to ...

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