Russian court dismisses IKEA’s appeal against recovery of $254,000
The Moscow Regional Commercial Court has dismissed an appeal filed by IKEA Centers Rus Property A against a ruling on recovery of 16.6 million rubles ($254,000) in favor of Gazprom corporation’s subsidiary Gazprom Gas Distribution Voronezh.
Authorities of Moscow Region’s town seek to shut down notorious Yadrovo landfill
Authorities of Volokolamsk, a town located in the Moscow Region which had lately become notorious due to a garbage crisis, filed a lawsuit seeking the closure of the notorious Yadrovo landfill site leaking noxious gas.
Russian court dismisses Bristol-Myers Squibb lawsuit over medicine production
The Moscow Regional Commercial Court has dismissed a lawsuit against Russian Nativa company filed by an Irish subsidiary of the U.S. drug corporation Bristol-Myers Squibb International Holdings, which sought to prohibit production of a medicine.
Monolith bank seeks to recover $112.4 million from Russian lawyer
Bank Monolith has filed a motion with the Moscow Regional Commercial Court seeking to include a 6.4-billion-ruble debt ($112.4 million) of businessman and lawyer Dmitry Yakubovsky in the list of creditors' claims.
Russian court rules businessman Telman Islmailov owes $155.9 million to offshore company
The Moscow Region Commercial Court has granted a motion of offshore company Cesaria Ltd. seeking to include 8.9 billion rubles (about $155.9 million) debt owed to it by businessman Telman Ismailov into the list of his creditors’ demands.
Gazprombank demands $19 mln from Russian lawyer
Gazprombank 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.
Domodedovo subsidiary seeks to collect $9 mln from VIM Airlines
Domodedovo Commercial Services, a subsidiary of Russia’s Domodedovo airport, has filed an application with the Commercial Court of the Moscow Region demanding to recover 55.8 million rubles (about $9 million) from VIM Airlines.
Moscow Region court initiates restructuring of Trust bank ex-owner’s debts
The 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.
Duty Free operator Aerofirst declared bankrupt
The Commercial Court of the Moscow Region has declared Duty Free operator Aerofirst bankrupt.
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.
Russian court rules Runway Duty Free owner owes $57.6 million to VTB
The Moscow Regional Commercial Court has granted a claim filed by VTB to include nearly 3.3 million rubles (about $57.6 million) in creditors demands list against Arial, managing company of the Runway Duty Free shop network in Russian airports.
Russian court rules duty-free operator Aerofirst owes $8 million to offshore
The Moscow Regional Commercial Court had ruled in favor of an offshore company Teviz Holding Ltd. with respect to the inclusion of a 466-million-ruble (about $8 million) debt in the list of creditors’ claims towards duty-free operator Aerofirst.
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.
Sentence of former commercial court’s chief accountant in embezzlement case takes effect
A 4-year prison sentence given to ex-chief accountant of the Moscow Region Commercial Court and the 10th Commercial Court of Appeals Natalya Khristosova for embezzling over 20 million rubles (about $333,000) has become effective.
Former commercial court’s chief accountant sentenced to 4 years for embezzlement
Ex-chief accountant of the Moscow Region Commercial Court and the 10th Commercial Court of Appeals Natalya Khristosova has received a 4-year prison term for embezzlement of more than 20 million rubles ($351,400).
Proceedings in Apple subsidiary’s lawsuit against Russian Customs Service halted
The Moscow Region Commercial Court has halted proceedings in the lawsuit of Apple’s subsidiary in Russia, “Apple Rus” against the ruling of the Russian Customs Service regarding classification of the Apple Watch product.
Russian tycoon Polonsky firm’s guarantors to pay $270 mln to Dutch company
The Moscow Region Commercial Court has upheld a lower court’s ruling to collect from loan guarantors for the company Potok (former Mirax Group), founded by businessman Sergei Polonsky, 19.9 billion rubles ($270 million) in favor of the Dutch company Emerging Markets Structured Product (EMSP).
Several foreign companies file lawsuit against Russian businessman Ismailov
Ten foreign organizations filed a motion with the Moscow Region Commercial Court asking to add them to the list of creditors who have financial claims against Russian businessman Ismailov.