Sergei Bakeshin has talked with Delovoy Peterburg about the main trends of 2019 in the field of insolvency
Among the latest emerging trends of the outgoing year in insolvency is the restriction on the right of creditors affiliated with the debtor to nominate an arbitration manager. The practice is aimed at ensuring impartiality of the arbitration manager and protecting the rights of independent creditors. As Sergei Bakeshin, Head of Dispute Resolution…
04.12.2019
Sergei Bakeshin has provided his comments on the situation with RBC regarding the insolvency of large agricultural holding companies
Sberbank has filed for the insolvency of three enterprises and the head structure of the Zhivoye Moloko, which owed a total of almost 77 million rubles to the bank. Previously, the enterprises were part of the Phaeton holding, one of the most well-known vertically integrated companies in St Petersburg, which was declared insolvent in 2011. Given…
29.11.2019
Sergei Bakeshin has commented to Delovoy Peterburg on a major tax dispute
The Federal Tax Service has sought to declare company, Ecros-engineering, as insolvency which according to the results of tax audits owes to the fiscal department more than 1 billion roubles. Earlier the taxpayer tried unsuccessfully to file a complaint with a higher tax authority and to challenge in court the additional charge of taxes and……
27.11.2019
Maxim Avrashkov has shared with members of the Winner club his opinion on the widening of liability for entrepreneurs
As part of a meeting of the Winner RBC St Petersburg club, the Managing Partner at Maxima Legal, Maxim Avrashkov, has described the widening of liability of beneficiaries, owners and top managers, a demand arising following the previous irresponsibility of businesspeople. According to Maxim, the changes will generally have a positive effect on…
26.11.2019
Sergei Bakeshin has evaluated for RBC the prospects of a legal dispute over the recovery of more than 1 billion roubles from a developer
The company Terra Nova is trying to recover more than 1 billion roubles from developer Seven Suns Development resulting from a purchase in 2018 of 6 hectares on Vasilievsky Island in St Petersburg. According to Sergei Bakeshin, the Head of the Dispute Resolution and Insolvency practice at Maxima Legal, the cadastral value of the land plots that…
25.11.2019
Sergei Bakeshin has commented to Delovoy Peterburg on the sale of claims against a businessman who had incurred subsidiary liability
In St Petersburg claims against Peter Tingaev, the former business partner of football player Andrei Arshavin, were put up for sale. The entrepreneur had incurred subsidiary liability following an insolvency case involving a Volkswagen and BMW dealership. Bidding is scheduled for 15 January 2020, for the right to claim 2.3 billion roubles. Head of…
19.11.2019
Lawyers from Maxima Legal has commented on large and extraordinary litigation of the week for Delovoy Peterburg
Delovoy Peterburg presented a selection of commercial cases held this week, Maxima Legal lawyers commented on the most significant of these. Head of Dispute Resolution and Insolvency Practice Sergei Bakeshin commented on the development of a large-scale insolvency case of Transportno-logistichesky Kompleks OJSC. The company owned by Valery…
18.11.2019
Maxima Legal has participated in the Doing Business 2020 report for the World Bank
On 24 October the World Bank and the International Finance Corporation (IFC) presented its Doing Business annual report which assesses the ease of doing business in 190 countries. The report is traditionally based on an analysis of national regulations that promote or impede the development of small and medium-sized businesses, as well as a…
24.10.2019
Sergei Bakeshin has provided his comments to RBC on the bankruptcy of a major St Petersburg entrepreneur
In 2018, Mikhail Tevelev, co-founder and former owner of the Food Retail Group holding, was declared bankrupt, with the property sale procedure currently being applied to him. Food Retail Group was established in 2003, and the portfolio of assets included, including Two Sticks, Marcellis, Library, as well as the entertainment center Maza Park and…
22.10.2019
Sergei Bakeshin has commented on Business FM St Petersburg on an initiative of the Central Bank of the Russian Federation on combating the withdrawal of assets by owners of financial organisations
The Central Bank has proposed the creation of a new legal mechanism that will allow it to block accounts and transactions with property of the owners of financial institutions before the court decides to recover losses from them. The existing procedure of the Central Bank of the Russian Federation is not adequate, since it is applied after a…
17.10.2019