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

... 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 ... ... from open sources, the company's assets amount to 22.3 billion rubles. At the same time , back in June 2022 , the company's debts were estimated at 4.75 billion. The trading platform was created in 2003 in Novosibirsk. It includes a number of trading ...

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

... 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 ... ... happen, and the bank began to forcibly recover funds. In April, Obuv Rossii continued negotiations, offering all three banks a debt settlement option. A little later, restructuring was also proposed for public obligations. But the bondholders did not wait ...

SHOE COMPANY RALF RINGER UNDER THREAT OF BANKRUPTCY

... shoe manufacturer has managed to appeal against the actions of the tax service. On November 16, the arbitration court issued a judicial act on the introduction of interim measures requested by the company. The requirements of the Federal Tax Service on debt payments were suspended. According to experts, the reason for the debts could be the fragmentation of business during the pandemic. The company's management could take such steps in an effort to obtain tax breaks and reduce the amount of insurance ...

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