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TransCreditBank files for bankruptcy of SU-155 construction company

10:57 10/11/2011

MOSCOW, November 10 - RAPSI, Dmitry Shchitov. A court has registered a bankruptcy application filed by TransCreditBank against the Su-155 major development company, the court told the Russian Legal Information Agency (RAPSI) on Thursday.

The Moscow Commercial Court has yet to schedule the hearing date.

SU-155 was established over 50 years ago. It is the leading construction group in Russia and comprises over 140 independent companies, including 28 industrial enterprises in 17 cities.

The court upheld in September the withdrawal from the bankruptcy petition earlier filed by the Interregional Collection Agency against the developer. The agency filed a bankruptcy petition on September 7 but withdrew it 9 days later. The court returned it without consideration.

A commercial court earlier awarded the collection agency 63 million rubles ($2.05 million) in its lawsuit against Su-155 and FinStroyLeasing. The agency obtained receivables from the Moscow Bank for Reconstruction & Development.

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TransCreditBank files for bankruptcy of SU-155 construction company

10:57 10/11/2011 A court has registered a bankruptcy application filed by TransCreditBank against the Su-155 major development company.
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