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CO-OWNER OF "SHOES OF RUSSIA" TITOV BANKRUPT VTB

The credit institution has sent an appeal to arbitration with a request to declare insolvent businessman Anton Titov, the main beneficiary of OR Group (formerly "Shoes of Russia"). VTB's requirements for it exceed 825 million rubles. The lawsuit itself has not yet been accepted by the court for production. Information about the plans of many organizations to bankrupt OR Group began to appear at the very ...

THE LARGEST BANKS ATTACK THE "SHOES OF RUSSIA" WITH THREATS OF BANKRUPTCY

... Russia have published information about this on Fedresurs. VTB and Sberbank did this as soon as the government moratorium ended, in early October. Later, a similar message was published by Promsvyazbank (PSB). Recall that the group of companies "Shoes of Russia" (OR Group) began 2022 with a default on the payment of about 592 million rubles to holders of exchange-traded bonds. In February, Rusbankrot talked about loans for 833 million rubles, which the company "OR" (the official ...

THE COURT OF US CONSIDERED A CLAIM OF HUSBAND FILED AFTER HIS WIFE TRIPPED OVER HER SHOES

In the United States, a case for the recovery of monetary compensation for the treatment that the husband had to undergo after falling down the stairs was considered. According to the plaintiff, it happened because his bride tripped over her shoes and he stumbled over them and fell down. As a result of the incident, the man was forced to seek medical help with fractures of his leg and both arms. The incident happened three years ago in Cleveland when John Walworth responded to his fiancée's ...

KARI SHOE CHAIN INITIATES LITIGATION WITH FAS OVER CONTEXTUAL ADVERTISING

On December 1, 2023, Kari Company (TIN 7702764909) filed an application with the Moscow arbitration court (case no. A40-283677/2023). The firm demanded that the decision of the Federal Antimonopoly Service (FAS), adopted on September 14, 2023, be declared illegal. The antimonopoly authority refused to initiate a case of violation of the law by the Clothing House company (which manages the Zenden shoe chain). After the TsentrObuv network, which was the leader in the Russian market until 2015, became...

SHOE COMPANY RALF RINGER UNDER THREAT OF BANKRUPTCY

The lawsuit between Ralph Ringer JSC and employees of two tax authorities (IFNS No. 15 and IFNS No. 18) threatens to turn into bankruptcy for the shoe manufacturer. The tax authorities seized the company's property, demanding 1.497 billion rubles from the company. In addition, the Federal Tax Service issued a ban on the sale of office equipment, as well as the alienation of accounts receivable of a company that has been operating on the Russian market for more than a quarter of a century. According...

WESTFALIKA SHOE STORES LIQUIDATED IN KIROV

The Westfalika brand has removed all retail outlets from Kirov. As it turned out, the reason for such a decision was the anti-crisis program to close stores with low profitability. The Novosibirsk company OR GROUP, which owns the trademark, announced its intention to improve the quality indicators of the work of individual trade pavilions, hoping thereby to increase the revenue of those who continue to work. The chain of shoe stores Westfalika is widely represented throughout the country. There...

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