Sberbank seeks to recover $53 million from FIFA World Cup’s IT contractor
Russia’s largest bank, Sberbank, has filed a motion with the Moscow Commercial Court, seeking to include a 3.6-billion-ruble ($53 million) debt of Asteros company, an IT contractor for the FIFA 2018 World Cup in Russia, into the creditors’ demands list.
Sberbank files bankruptcy claim against FIFA World Cup’s IT contractor
Russia’s largest bank Sberbank has filed a bankruptcy claim against Asteros company, an IT contractor for the FIFA 2018 World Cup in Russia.
Sberbank employees suspected of embezzlement get arrested
Several current and former employees of Russia’s largest bank Sberbank have been arrested on suspicion of fraud and embezzlement.
Ulmart subsidiaries ordered to pay $16 mln to Russia’s Sberbank
The Thirteenth Commercial Court of Appeals has recovered over 1 billion rubles (about $16 million) from three subsidiaries of Russian e-commerce giant Ulmart in favor of Sberbank.
Ulmart co-owner charged with fraud released from house arrest
The Smolninsky District Court of St. Petersburg has released Dmitry Kostygin, a co-owner of Russian Internet retailer Ulmart, charged with credit fraud, from house arrest.
Transneft’s appeal in dispute with Sberbank set for November
The Moscow District Commercial Court will hear an appeal filed by Russian pipeline operator Transneft against reversal of a ruling saying that the company’s derivative contract worth 66.5 billion rubles (about $1.1 billion) with the Russian largest bank Sberbank was illicit, on November 30.
Transneft files appeal in $1 bln dispute with Sberbank
Russian pipeline operator Transneft has filed an appeal against reversal of a ruling saying that the company’s derivative contract worth 66.5 billion rubles (about $1.1 billion) with the Russian largest bank Sberbank was illicit.
Owner of Runway Duty Free network owes $50 million to Sberbank – court
The Moscow Regional Commercial Court has granted a claim filed by Sberbank to include 2.9 billion rubles (about $50 million) in creditors demands list against Arial, managing company of the Runway Duty Free shop network in Russian airports.
Duty-free operator Aerofirst to pay Sberbank $50 mln – court
The Commercial Court of the Moscow Region had ruled in favor of Sberbank with respect to the inclusion of a 3-billion-ruble (about $50 million at the current exchange rate) debt in the list of creditors’ claims towards duty-free operator Aerofirst.
Russian court quashes $1 bln worth decision against Sberbank on complaint
The Ninth Commercial Court of Appeals has ruled in favor of Russian largest bank Sberbank by quashing a decision saying its derivative contract worth 66.5 billion rubles (about $1.1 billion at the current exchange rate) with Russian pipeline operator Transneft was illicit.
Ukraine imposes sanctions against five Russian banks
Ukraine's President Petro Poroshenko affirmed a decision of the National Security and Defense and imposed sanctions on five Russian banks.
Sberbank’s $11 mln lawsuit against Duty Free operator to be reviewed in January
The Moscow Commercial Court has set preliminary hearings in the a lawsuit filed by Sberbank seeking the recovery of 727 million rubles ($11 million) from duty free operator Aerofirst.
Sberbank files another $11 mln lawsuit against Duty Free operator
The Moscow Commercial Court has registered a lawsuit filed by Sberbank seeking the recovery of 727 million rubles ($11 million) from duty free operator Aerofirst.
Sberbank seeks recovery of $16 mln from Russian e-commerce giant Ulmart
Sberbank of Russia has filed a claim seeking to recover 1.007 billion rubles (almost $16 million) from four firms within Ulmart group of companies.
MIEL Group founder owes $3 million to Sberbank - court
The Moscow Commercial Court has granted a lawsuit by Sberbank seeking to include a 196 million-ruble ($3 million) debt of founder of one of the largest federal chains of real estate agencies in Russia MIEL Group, Grigory Kulikov, who stands charged with multi-million embezzlement, on the list of creditors' claims.
Group of seven sentenced for stealing about $6.3 mln from Sberbank clients
Seven men were sentenced for stealing over 400 million rubles ($6.3 million) from bank accounts of Sberbank, which is Russia's biggest bank by assets.
Sberbank files bankruptcy claims against Crimean energy companies
Sberbank of Russia has filed with the Crimean Commercial Court bankruptcy claims against four Simferopol energy companies.
London's High Court turns to Russian commercial court over Kekhman
The High Court of Justice of England and Wales has turned to the Commercial Court of St. Petersburg and Leningrad Region regarding the former head of JFC Group, Vladimir Kekhman.
Up to 10,000 cases implicating Sberbank filed with arbitration courts in 2015
Up to 10,000 cases implicating Russia's biggest lender Sberbank were filed with local arbitration courts in 2015, Sergei Minkin, the head of the division for judicial protection of legal department of the bank, said at the guest conference on the ongoing arbitration reform held under the aegis of the St. Petersburg International Legal Forum.
Sberbank demands $92.1 mln in Transaero bankruptcy case
Sberbank filed two motions with the Commercial Court of St. Petersburg and Leningrad Region demanding 7 billion rubles ($92.1 million) from troubled airline Transaero in the latter company’s bankruptcy case.