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
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
Russian air carrier UTair involved in bankruptcy proceedingsThe Avialeasing investment and finance company filed a motion with the Khanty-Mansiisk Region Commercial Court to recognize Russian air carrier UTair as a bankrupt, the court says on its website on Monday.11:58 08.12.2014
Troubled Mechel pays out $3 mln debt to SberbankTroubled Russian metallurgy giant Mechel has settled the 172 mln ruble ($3 mln) debt with Sberbank, the company rep said during the Thursday hearing at Moscow Commercial Court.16:29 04.12.2014
Suit filed by VTB bank against heavily-indebted Mechel set for December 5The Moscow Commercial Court will hear on December 5 a lawsuit filed by VTB Bank seeking about $78 million in debt from mining and metal giant Mechel.13:38 21.11.2014
Russian government to discuss Mechel debtsHead of VTB Bank Andrey Kostin confirmed on Monday that the Russian government will discuss the matter of restructuring debt of Mechel, Russia's biggest producer of steelmaking coal, RIA Novosti reports.12:43 10.11.2014
$1.45 bln suit filed by VTB against Rusenergo Fund reaches Moscow courtThe Moscow Commercial Court has scheduled for December 5 a pretrial hearing on a suit filed by VTB Bank seeking 64.3 billion rubles ($1.45 billion) in debt from Rusenergo Fund Limited (Rusenergo).14:31 05.11.2014
Crimean head says no rush to pay off Ukrainian banksCrimean Prime Minister Sergei Aksyonov told his constitutes to hold back with paying off loans to the Ukrainian banks that ceased operations in Crimea, RIA Novosti reports on Tuesday .16:16 21.10.2014
Maybach confiscated from unemployed Siberian debtorCourt bailiffs confiscated a Maybach 62 from an unemployed resident of a suburban development in the Novosibirsk Region. The premium class German car was pledged by the bank, the regional branch of the Federal Court Bailiff Service reports on Thursday.13:00 16.10.2014
Defense Ministry is seeking about $54 mln from Oboronservis subsidiaryRussian Defense Ministry has filed a suit with the Moscow Commercial Court seeking 2.2 billion rubles (about $54 million) from OAO Aviaremont, subsidiary of the state-run Oboronservis holding company.17:09 15.10.2014
Founder of JFC Group Kekhman charged in Sberbank fraud case – reportVladimir Kekhman, the founder of JFC Group and director of the Mikhailovsky theater, implicated in Sberbank fraud case, has been charged with embezzlement.13:45 13.10.2014
Kamov Design Bureau fails to revive $2.5 mln suit against Defense MinistryThe Ninth Commercial Court of Appeals has upheld the ruling dismissing a claim filed by Kamov Design Bureau, part of Russian Helicopters, seeking to recover 101 million rubles ($2.5 mln) in debt from the Defense Ministry.14:10 03.10.2014
Sberbank files six new suits against Mechel companiesState-run OAO Sberbank has filed six new suits against Mechel companies with the Moscow Commercial Court.12:05 03.10.2014
Rosneft subsidiary gets support of Russian authorities over Yukos unpaid loansRussia’s OAO Samaraneftegaz, that is now a subsidiary of state-run Rosneft oil company, secures support of Russian authorities struggling against a New York court ruling ordering that it pay Yukos Capital S.a.r.l. $185.9 million.16:14 02.10.2014
Kirchner says US judge’s actions threaten Argentina’s sovereigntyThe president of Argentina, Cristina Fernandez de Kirchner, has slammed US Judge Thomas Griesa for the alleged intention to “destroy” Argentina’s sovereignty and the process of debt restructuring, RIA Novosti reports on Wednesday.12:02 01.10.2014
Mechel to face suit over Sberbank loansOAO Sberbank Chief Executive Officer German Gref has expressed support for VTB Bank which filed a lawsuit seeking about $78 million from Mechel, Russia's biggest producer of steelmaking coal.16:35 26.09.2014
VTB Bank sues Mechel over $78 million loanVTB has filed a lawsuit with Moscow’s Commercial Court seeking 2.99 billion rubles (about $78 million) from Mechel, Russia's biggest producer of steelmaking coal.11:25 26.09.2014
Argentina’s parliament approves new sovereign debt payment venuesThe lower house of Argentina’s parliament has approved the transfer of the sovereign debt payment venue from New York to Buenos Aires or, whenever necessary, Paris, according to the Thursday report by Telesur TV channel.15:21 11.09.2014
Swiss company owes over $365,000 to Russian students over Sochi OlympicsRussian students have filed a lawsuit seeking 13.5 million rubles (over $365,000) from Swiss-based Infront Management AG and its subsidiary for unpaid contracted services.16:37 05.09.2014
Creditors, Mechel affiliates agree to end bankruptcy proceedingsCreditors have agreed to drop suits against Mechel Energo and Mechel Trans Vostok, controlled by OAO Mechel, seeking debt recovery in bankruptcy proceedings.14:51 01.09.2014