Sergei Bakeshin analysed for Delovoy Peterburg the impact of the tendency for courts to extend beneficiary rights on bankruptcy practices
In 2017 "Financial company "Priscels"" LLC was announced insolvent. As part of this process, the bankruptcy manager applied for subsidiary liability against the debtor's controlling parties (DCP), including the organisation's director Mikhail Kokurin. Kokurin lodged a counter-complaint against the manager's actions which, according to the…
01.12.2021
Sergei Bakeshin commented for Novy Prospect the end of bankruptcy proceedings against "First Furniture Factory - Alno" LLC
On 17th of November 2021 bankruptcy proceedings against "First Furniture Factory - Alno" LLC were terminated. The Arbitration Court of St. Petersburg and the Leningrad Region established that there were no indications of intentional or fabricated bankruptcy of the company, and also confirmed that the bankruptcy manager had followed all the…
26.11.2021
Sergei Bakeshin commented for Novy Prospect the amicable settlement in Sevkabel's bankruptcy case
The Arbitration Court of St. Petersburg and the Leningrad Region has approved an amicable settlement in the insolvency case of Sevkabel Production Company LLC. The company's debts will be repaid by the plant's investor, STK Group LLC, part of the Akron Holding group of companies. The total debt of the plant exceeded 5.5 billion roubles, the main…
23.11.2021
Maxima Legal is among the Russian law firms recommended by Leaders League
Leaders League international information and rating agency has presented its own version of the list of "Russia's best law firms". Three practices and 4 specialists of Maxima Legal received professional recognition according to the results of 2021. In particular, Maxima Legal's corporate law expertise allowed the firm and personally Maxim…
28.10.2021
Sergei Bakeshin has analysed the current situation in bankruptcy for RBC+
The moratorium on bankruptcy was lifted in Russia on 8 January 2021. Sergei Bakeshin, Head of Dispute Resolution and Insolvency Practice at Maxima Legal, has assessed the current situation in this area of law and analyzed changes and future developments in court practice and bankruptcy legislation on request of RBC+. Sergei told RBC+ that…
27.10.2021
RBC has quoted Sergei Bakeshin's opinion on the reason for initiating personal bankruptcy of a person facing subsidiary liability
Myasokombinat Severo-Zapad Meat Processing Plant, declared bankrupt in 2018, has filed for personal bankruptcy of its founder Gennady Yemelyanov. According to Sergei Bakeshin, Head of Dispute Resolution and Insolvency practice at Maxima Legal, the creditors are thus trying to prevent the entrepreneur from avoiding paying the company's……
21.10.2021
Sergei Bakeshin has commented for Novy Prospect on the use of subsidiary liability mechanism against the owner of the St Petersburg meat processing plant
In the summer of 2021, the claims of the bankruptcy trustee to bring Gennady Yemelyanov, owner of the bankrupt meat processing plant Severo-Zapad, to subsidiary liability were satisfied. At the moment the businessman is trying to appeal against the decision. However, taking into account that the dispute is being considered for the second time,…
21.10.2021
Sergei Bakeshin has commented for Novy Prospect on the bankruptcy petition of Pella shipyard amid rumours of a sale of the enterprise
Arsenal Machine-Building Plant has filed its third bankruptcy petition for the year against its creditor Pella, the regional shipbuilding company. The claims amount to almost RUB 242 million. Sergei Bakeshin,Head of Dispute Resolution and Insolvency practice at Maxima Legal, has explained Novy Prospect online publication that this is the amount of…
11.10.2021
Sergei Bakeshin told Novy Prospect about the situation with the bankruptcy of a number of Zhivoye Moloko holding companies
At the beginning of September, bankruptcy proceedings were terminated against Agroholding Zhivoye Moloko LLC, as well as its affiliated companies Agricultural Enterprise Koporie LLC and Ostrogovitsy LLC. Bankruptcy proceedings continue with regard to another company of the holding company Ros Agro LLC. The mentioned companies were previously part…
17.09.2021
Sergei Bakeshin told Novy Prospect about the recovery of court costs from one of the participants in the corporate conflict over the Kirovskiy factory
At the end of August the Arbitration Court of Saint-Petersburg and Leningrad region partially satisfied the application of Georgiy Semenenko, CEO of the Kirovskiy Factory, for compensation of court expenses from one of the minority shareholders of the company - CJSC Doroga, reducing the amount of recovery from 8.6 million rubles to 7.2 million…
08.09.2021