Top executive of bankrupt travel company arrested in SerbiaSergei Azarskov, a top executive at the bankrupt travel company Labirint, has been arrested in Serbia on fraud charges.14:43 01.07.2015
Bankrupt tour operator sues Aeroflot for $4.6 millionSolvex Turne, a major travel agency in St. Petersburg that is undergoing bankruptcy proceedings, has filed a lawsuit to collect 252.9 million rubles ($4.6mln) in compensation from air carrier Aeroflot.12:43 26.06.2015
Organizer of Russian Formula One Grand Prix at Sochi declared bankruptA Krasnodar region court has ruled that OAO Formula Sochi, an organizer of Russia's Formula One Grand Prix, is bankrupt, RIA Novosti reported on Monday.11:31 01.06.2015
Montenegrin officials may testify over bankrupt aluminium plantMontenegrin officials may be called to testify in international courts over bankruptcy of aluminium plant Kombinat Aluminijuma Podgorica (KAP).16:51 25.05.2015
Master-Bank ex-chiefs suspected of premeditated bankruptcyTop former executives of Master-Bank, a mid-sized Moscow bank, are suspected of its premeditated bankruptcy, RIA Novosti reported on Monday, citing spokesperson for Interior Ministry, Yelena Alekseyeva.14:38 25.05.2015
Troubled Russian Navigation Technologies OJSC placed into administrationThe Moscow Commercial Court ruled on Thursday that Russian Navigation Technologies OJSC which develops GPS/GLONASS-based systems for transportation monitoring and management be placed into administration.16:37 07.05.2015
Russian court seizes $34 mln in assets of ex-managers of bankrupt Sochi BankThe Krasnodar Territory Commercial Court in southern Russia ruled to seize 1.7 billion rubles (about $34 million) in assets owned by three former managers of Sochi Bank for their role in its bankruptcy.13:37 27.04.2015
Mechel faces bankruptcy claim - officialSberbank plans to file a bankruptcy claim against OAO Mechel, an integrated mining and steel company, after negotiations regarding restructuring its debt failed, the chairman of Sberbank, German Gref, announced on Wednesday.14:42 15.04.2015
Russian bankruptcies to rise in 2015, Supreme Court chairman warnsRussia's Supreme Court chairman Vyacheslav Lebedev expects bankruptcies to rise in the country this year because of economic hardships.14:35 13.03.2015
Russian Government considers amending bankruptcy law - reportThe Russian government is discussing the possibility of adding an analogue of Chapter 11 from the United States Code (bankruptcy) to the Russian Legislation.11:25 03.03.2015
London court refuses to annul bankruptcy of JFC CEO KekhmanLondon's High Court dismissed an appeal filed by the Bank of Moscow seeking to annul the bankruptcy of Russian businessman Vladimir Kekhman.17:16 25.02.2015
Pugachev's company asks Russian Supreme Court to overturn EUR 50 million rulingSnc Villacota 3, a company which the Russian Deposit Insurance Agency (DIA) believes to be affiliated with billionaire Sergei Pugachev, has filed a claim with the Supreme Court to overturn a ruling ordering it to pay over EUR 50 million to Mezhprombank.13:26 06.02.2015
VTB Bank sues Mechel for $728 millionVTB Bank, Russia’s second largest bank by assets, filed on Monday a 50.2 billion rubles ($728 million) lawsuit with the Moscow Commercial Court against mining company Mechel, which has been tottering at the edge of bankruptcy.17:08 02.02.2015
VTB Bank to be involved in trial over Russian family in GuatemalaA court in Guatemala that is hearing a case of the the Bitkovs, a Russian family accused of fraud, agreed to subpoena VTB Bank in the case. The bank has filed financial claims against the couple.12:06 23.01.2015
Russian Helicopters’ subsidiary files for bankruptcyOne of the oldest Russian aviation yards, 12 Aircraft Repair Plant, a part of the Russian Helicopters holding, has filed a bankruptcy motion with the Khabarovsk Region Commercial Court.13:30 20.01.2015
Mechel settles unpaid ruble loan to Sberbank in courtThe troubled Russian metallurgy giant Mechel has paid out the 22 mln ruble ($333,000) loan to Sberbank, as a part of an ongoing debt recovery legal row.17:33 15.01.2015
Putin signs personal bankruptcy bill into lawPresident Vladimir Putin on Monday signed a bill on personal bankruptcy, under which an individual can be declared bankrupt upon a creditor’s request if the total amount of debt exceeds 500,000 rubles (about $9,600), into law.15:35 29.12.2014
Russian upper house passes personal bankruptcy billRussia's upper house of parliament, the Federation Council, on Thursday passed a bill on personal bankruptcy, under which an individual can be declared bankrupt upon a creditor’s request if the total amount of debt exceeds 500,000 rubles (about $9,200).12:57 25.12.2014
Russian billionaire Pugachev loses appeal over £1.2 bln freezeRussian billionaire Sergei Pugachev failed to overturn a world-wide freezing order of the London's High Court made against him in July.17:34 19.12.2014
More claims filed against against troubled Russian air carrier UTairThe Moscow Commercial Court has accepted four lawsuits filed by Alfa Bank, Russia’s largest private bank, against one of Russia’s top three airlines, UTair.11:42 09.12.2014