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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 ... ... run. Goldberg also stressed that it is extremely unprofitable for banks involved in project financing to bring a developer to bankruptcy. Such a situation is possible within the framework of existing project financing schemes. In case of bankruptcy of ...

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" ... ... 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

Specialized developer Sakharova 85 (TIN 6670488962) filed for bankruptcy in the Sverdlovsk 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 an apartment building with a lot of comments in the Academic planning area of Yekaterinburg. According to the portal E1.RU ...

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 ...

THE BANKRUPT SOCHI DEVELOPER FOUND HIMSELF WITHOUT PROPERTY

... 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 company's management.

THE SCANDALOUS CHELYABINSK DEVELOPER WAS DECLARED BANKRUPT

... previously the organization itself. In June 2023, the developer came under surveillance. Now the organization has introduced a bankruptcy procedure. In March 2023, Rusbankrot reported on the developer's plans to begin insolvency proceedings. The message about this was posted on the website of Fedresurs by the then owner ... ... 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 ...

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

... surveillance procedure was introduced. The initiator of the lawsuit turned out to be the Chelyabinsk tax authorities (MI FTS No. 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 ...

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