Search

Theater in St. Petersburg filed for insolvency

On April 28, the Arbitration Court received an insolvency petition from the theater "Beyond the Black River". The amount of the claim indicated in the document (4 million rubles) is associated with the case of unjust enrichment. In January 2022, the organization lost the lawsuit to the ...

St. Petersburg developer Inmar declared insolvent

The company, which began construction of a nursing home on Oleko Dundich Street in St. Petersburg, was declared bankrupt. The initiative to recognize the insolvency of the organization was announced by the city construction committee. Inmar construction company was initially accused of disrupting a state contract worth 593 million rubles, concluded in 2008. The social facility was planned to be built ...

Indian banks are trying to declare tycoon Vijay Mallya bankrupt

... consortium of Indian banks led by the State Bank of India (SBI) is interested in the results of the process. Financial organizations are trying to collect debts from the businessman on loans for the Kingfisher Airlines, previously owned by the tycoon. Insolvency Judge (ICC) Michael Briggs presented their final arguments in the case after the necessary amendments to the petition had been made. The judge promises to announce the final decision in the next few weeks. Last spring, Indian banks, including ...

CANCELLATION OF BENEFITS PROPOSED BY THE CENTRAL BANK OF RUSSIA MAY LEAD TO WAVE OF BANKRUPTCIES

... observed a year ago. Benefits introduced due to the pandemic, according to Lubich, will not immediately turn into a wave of bankruptcies. Some of the debtors will continue to stay afloat for some time. But the wave of applications in connection with insolvency will begin in April. Therefore, the task of the Government of the Russian Federation should be to develop such mechanisms of targeted support and protection that would allow persons caught in a debt trap to get out of it with the least possible ...

Sorted by relevance | Sort by date