News

News

Proportion
21 November 2022

FTX CRYPTO EXCHANGE OWES CREDITORS OVER THREE BILLION DOLLARS

The Bahamian cryptocurrency exchange FTX has filed for bankruptcy in court and owes its creditors a large sum. This is reported by Reuters.

Proportion
21 November 2022

THE SUPREME COURT AGAIN EXPANDS THE LIMITS OF EXECUTIVE IMMUNITY

At the end of October, the Supreme Court published a ruling on the results of the consideration of the cassation appeal in the bankruptcy case (No...

Proportion
17 November 2022

CREDITORS MAY BE CHARGED LOSSES FOR AN UNPROFITABLE BANKRUPT TRANSACTION

Losses for a transaction involving a recognized insolvent enterprise can be collected not only from its bankruptcy trustee, but also from creditors wh...

Proportion
17 November 2022

STOCKMANN WAS ORDERED TO PAY AN ADDITIONAL 1.69 BILLION FOR THE PURCHASE OF PODIUM MARKET

The bankruptcy of Podium Market (currently Atlas) turned into a nuisance for the Russian fashion retailer. Stockmann was ordered to pay an add...

Proportion
16 November 2022

SUPREME COURT TO RULE ON CONSUMER PENALTY IN BANKRUPTCY

Case no. A40-39025/2021 has been transferred to the Judicial Board for Economic Disputes. As part of it, a citizen purchased a product from the debtor...

Proportion
16 November 2022

THE SUPREME COURT PROPOSED TO "FREEZE" LEGAL DISPUTES WITH PARTICIPANTS IN HOSTILITIES

The Plenum of the Supreme Court approved the initiative to "freeze" arbitration disputes in case one of the parties participates in a specia...

Proportion
16 November 2022

VLADIMIR PUTIN TO DISCUSS OUT-OF-COURT BANKRUPTCY WITH CABINET OF MINISTERS

On November 16, Russian Leader Vladimir Putin will discuss the procedure of out-of-court bankruptcy of citizens with members of the government. This i...

Proportion
14 November 2022

THE SUPREME COURT RESOLVED THE DISPUTE ABOUT THE WRIT OF EXECUTION IN THE CASE INVOLVING VTB

The courts refused to issue a writ of execution necessary for the return of property to the bankruptcy estate to the financial manager of a bankrupt c...

Proportion
14 November 2022

LOSE EVERYTHING. THE FOUNDER OF THE BANKRUPT FTX CRYPTO EXCHANGE WAS LEFT WITHOUT $26 BILLION

On November 11, FTX Group filed for bankruptcy in the US court. Among the participants in the lawsuit are the American "daughter" FTX Tradin...

Proportion
11 November 2022

ACS RECOVERED HALF A BILLION RUBLES OF LOSSES

The arbitration manager Denis Penkov was charged 500 million rubles for losses caused as a result of improper performance of his duties. The informati...

Proportion
9 November 2022

THE SUPREME COURT EXPRESSED ITS POSITION ON THE RELEASE OF CITIZENS FROM DEBTS FOLLOWING THE RESULTS OF BANKRUPTCY

In the framework of the bankruptcy case of a citizen (No. A05-11/21), the Supreme Court considered a complaint against the acts of lower court...

Proportion
8 November 2022

SANITIZED BANKS AND NPFS MAY BECOME LESS RESPONSIBLE FOR THE DEBTS OF "DAUGHTERS"

The State Duma will consider in the second reading a draft law, according to which the amount of subsidiary liability of rehabilitated organizations f...

Proportion
7 November 2022

EX-EMPLOYEES OF OTKRITIE BANK FORCED THE COP TO DOUBT THE NORMS OF THE BANKRUPTCY LAW

The Constitutional Court (CC) will check the constitutionality of a number of provisions of the law "On Insolvency (Bankruptcy)&q...

Proportion
3 November 2022

THE SUN EXPLAINED THE CALCULATION OF THE LIMITATION PERIOD WHEN CHANGING JURISDICTION

In situations where the plaintiff, through no fault of his own, filed a lawsuit in a court that does not correspond to the defendant's address, th...

Proportion
3 November 2022

CLIENTS OF BANKRUPT BANKS WILL RECEIVE ADDITIONAL PROTECTION

Depositors of banks that have been declared insolvent will be provided with additional protection. The relevant amendments were made by the Federation...

Proportion
2 November 2022

THE SUPREME COURT ORDERED THE FOUNDER TO PAY FOR THE BANKRUPTCY PROCEDURE OF HIS COMPANY

If the bankrupt company does not have the funds to finance the procedure, then the founders are obliged to pay for the auction, the services of the ma...

Proportion
2 November 2022

THE SUSPENSION OF THE BANKRUPTCY OF THE RUSSIAN DAUGHTER OF GOOGLE WAS CONFIRMED IN THE CASSATION

The decision of the Moscow arbitration court, which suspended the monitoring procedure of Google LLC earlier, was supported last Monday by the cassati...

Proportion
1 November 2022

THE COURT ARRESTED THE RUSSIAN ASSETS OF HYUNDAI'S "DAUGHTER"

The arbitration seized the funds of the Hyundai Engineering Rus company in the amount of 156.7 million rubles. The application for this was submitted ...

Proportion
31 October 2022

A LARGE CONSTRUCTION COMPANY FROM UFA IS UNDER THREAT OF BANKRUPTCY

The Vostokneftezavodmontazh company (JSC VNZM), which implements construction projects for oil and gas enterprises, may go into bankruptcy. Ba...

Proportion
31 October 2022

NOT UP TO TOYS. LEGENDARY HAMLEYS OWES BILLIONS

They are trying to recover more than 2 billion rubles from the company of Russian billionaire Alexander Mamut "Vanderkind". The bank "T...