Bankruptcy claim against Summa Group’s company dismissedThe Moscow Commercial Court has ruled not to review a motion filed by Olesya Sokolova seeking bankruptcy of the Far-Eastern Shipping Company, primarily owned by the troubled Summa Group of Ziuavudin Magomedov.11:13 10.12.2018
Donstroy co-founder owes $166.4 million to major Russian bank - courtThe Ninth Commercial Court of Appeals has upheld a lower court’s ruling on inclusion of an 11.1-billion-ruble ($166.4 million) debt of ex-owner and co-founder of Donstroy construction company Maksim Blazhko to major Russian bank Vnesheconombank in the creditors’ demands list against.13:59 27.11.2018
Former head of Russia's South Cross Travel company challenges recovery of $26.6 millionThe former head of South Cross Travel company Dmitry Fesik has filed an appeal against a ruling of the Moscow Commercial Court recovering 1.7 billion rubles ($26.6 million) in debt from him.10:59 31.10.2018
E-commerce giant Ulmart owes $11 mln to Uralsib bank - courtThe Commercial Court of St. Petersburg and Leningrad Region has included a 703.7-million-ruble (about $11 million) debt in the list of Ulmart e-commerce giant’s creditors upon the application of Uralsib bank.10:52 17.10.2018
VTB bank seeks to recover $6.5 mln from subsidiary of troubled Summa GroupOne of the largest Russian banks, VTB, has filed an application with the Moscow Commercial Court seeking to include a 429.9-million-ruble ($6.5 million) debt of GlobalElectroService company, a subsidiary of the troubled Summa Group, in the creditors demands list.15:59 28.09.2018
Ex-banker Gitelson owes $75 mln to Inkasbank - courtThe Commercial Court of St. Petersburg and Leningrad Region has included a 5.06-billion-ruble debt (about $75 million) of Alexander Gitelson to Inkasbank in the list of creditors' claims.10:33 27.08.2018
Probusinessbank owes $695.8 million to two organizations – Supreme CourtThe Supreme Court of Russia has upheld a ruling of a lower court confirming inclusion of a 46.9 billion-ruble ($695.8 million) debt of Probusinessbank to Express-Volga and Gazenergobank into the creditors’ list.10:59 22.08.2018
Moscow court refuses to seize apartment of Donstroy co-founderThe Moscow Commercial Court has dismissed a motion seeking to prohibit Donstroy co-founder Maksim Blazhko from being able to make deals concerning his apartment and Rita company’s shares evaluated at 199 million rubles ($2.9 million).11:45 21.08.2018
Several firms and Russia’s DIA demand $441 mln from Donstroy co-founderRussia’s Deposit Insurance Agency (DIA) and several individuals and foreign companies have filed claims against co-founder of Donstroy company Maksim Blazhko seeking to include his 28 billion-ruble ($441 million) debt in the creditors’ list.10:52 08.08.2018
IKEA affiliate company ordered to pay Gazprom subsidiary $283,000The Moscow Commercial Court has ordered IKEA Centers Rus Property A to pay its 16.6-million-ruble debt (about $283,000) to Gazprom gazoraspredeleniye Voronezh, a subsidiary of Russia’s oil giant Gazprom.12:52 09.04.2018
Founder of Carlo Pazolini owes $10.4 million to offshore companyThe Moscow Commercial Court has granted a motion of NPL Invest Ltd, a company registered in British Virgin Islands, to include 586 million rubles (about $10.4 million) owed by founder of Carlo Pazolini shoe retailer Ilya Reznik, into creditors’ demands list.12:23 25.01.2018
Russian government proposes to allow bailiffs to investigate debt collectors’ activitiesRussian government has submitted a bill granting court bailiffs a power to conduct investigation into activities of debt collector agencies to the State Duma.10:54 24.01.2018
Russian court returns lawsuit against VIM Airlines to Hong Kong companyThe Tatarstan Commercial Court has returned a lawsuit of Aviation Service (HK) Limited, a company registered in Hong Kong, on inclusion of VIM Airlines’ 472.5-million-ruble (about $8.3 million) debt into the creditors’ demands list, back to the applicant.13:59 16.01.2018
Russian court confirms Transaero owes $177.6 mln to Irish companiesThe North-Western District Commercial Court has upheld a ruling to include a 10.1-billion-ruble (about $177.6 million) debt owed by bankrupt Transaero airline before several Irish companies in the creditors demands list.10:59 16.01.2018
Gazprombank demands $19 mln from Russian lawyerGazprombank has filed a petition with the Moscow Region Commercial Court seeking to include a 1.1-billion-ruble debt ($19 million) of businessman and lawyer Dmitry Yakubovsky in the list of creditors' claims.13:36 27.12.2017
Vneshprombank’s $2 bln claim against its former president grantedThe Ninth Commercial Court of Appeals has included a 113.5- billion-ruble (about $2 billion) debt of ex-Vneshprombank president Larisa Markus in the list of creditors' claims on the bank’s request.16:31 25.12.2017
Russian Supreme Court recognizes Transaero’s $655.8 mln debt before Irish firmThe Supreme Court of Russia has upheld a lower court’s ruling including a 38.3 billion-ruble (about $655.8 million) debt owed by bankrupt Transaero airline before Irish company VEBL-767-300 in the creditors demands list.10:01 22.12.2017
Two companies seek $15.5 million from founder of Carlo PazoliniTwo firms have filed lawsuits with the Moscow Commercial Court seeking to include 915.8 million rubles (about $15.5 million) on the list of creditors' claims against owner of Carlo Pazolini shoe retailer Ilya Reznik.12:59 18.12.2017
Moscow Region court initiates restructuring of Trust bank ex-owner’s debtsThe Moscow Region Commercial Court has initiated the procedure of debt restructuring on the request of Trust Bank against one of the former bank’s owners Nikolay Fetisov.17:44 10.11.2017
Acquittal of Russian auto plant's ex-top manager upheldThe Sverdlovsk Regional Court on Friday upheld a lower court’s ruling to acquit ex-head of the Automobiles and Motors of the Urals factory (AMUR) Pavel Chernavin of fraud and illegal obtaining of credit.14:02 03.11.2017