Sergei Bakeshin told Novy Prospect about possibilities of subsidiary liability for former top management of «Sevkabel» factory
On 17th of June the Commercial Court of Saint-Petersburg and Leningrad Oblast has dismissed litigation proceedings on the application for reclamation of documentation and material values of PK «Sevkabel» LLC from its former top-management. The application was withdrawn by the new bankruptcy manager of PK «Sevkabel» Kirill Pestryuakov. The…
22.06.2021
International ranking of Best Lawyers has ranked 8 Maxima Legal lawyers in 20 areas of law
Best Lawyers, the oldest international ranking, has presented its annual list of Russian lawyers recommended in various areas of law. 8 Maxima Legal experts, providing legal support in 20 different areas, received professional recognition. Maxim Avrashkov, Managing Partner and Head of General Business Law Practice, was once again ranked as one of…
10.06.2021
Sergei Bakeshin told Novy Prospect about the new ground for subsidiary liability
At the end of May 2021, the Constitutional Court of the Russian Federation widened the scope for subsidiary liability of persons controlling a debtor. In particular, the Court allowed individual creditors to recover debts from managers and beneficiary of companies administratively excluded by the tax authority from the…
07.06.2021
Sergei Bakeshin told the DP about the conditions formulated by the Russian Constitutional Court for exchanging a debtor's luxury housing for reasonably sufficient one
According to Fedresource (Unified federal register of legally significant information on the activities of legal entities, individual entrepreneurs and other subjects of economic activity), about 40.5 thousand people were declared bankrupt in Russia in the first quarter of this year, which is 81.5% more than in the same period of 2020. At the…
31.05.2021
Sergei Bakeshin has estimateв for RBC the chances of Sberbank recovering more than 8bn RUB of debt from Intertorg Trade House
The Thirteenth Commercial Court of Appeal has replaced the bankruptcy trustee in the insolvency case of Intertorg Trade House, the former fourth largest food retailer in St Petersburg. According to a number of creditors, the previously appointed bankruptcy trustee may have acted in the interests of the retailer, while the new trustee will help to…
24.05.2021
Sergei Bakeshin has commented to Kommersant on Intertorg's bankruptcy move to Sberbank's control
Sberbank succeeded in replacing the bankruptcy trustee of Intertorg Trade House and gaining control over the bankruptcy proceedings of the retailer, which operated around 450 shops in the North-West region and Moscow under the Spar and Narodnaya Semya brands. At the beginning of 2020, Intertorg closed all of its stores, accumulating more than 17bn…
24.05.2021
Sergei Bakeshin has commented for Novy Prospect on the dispute over an unilaterally terminating a tenancy agreement
Lenteplopribor, a major manufacturer of microelectronics for the military, has won a dispute with the Federal Property Management Agency, which has unilaterally terminated the lease of premises in Zelenkov Lane in St Petersburg. "While the case was pending, the court took precautionary measures against the premises, which prohibited the eviction…
13.05.2021
Sergei Bakeshin has commented to Kommersant and RBC on the prospects of the former top manager of the Ust-Luga port filing for bankruptcy
A bankruptcy petition has been filed against Ilya Baskin, a well-known St Petersburg entrepreneur and former Head of Ust-Luga port's board of directors. The amount of the claim is approximately 17.8 million roubles. According to SPARK-Interfax, the debtor owns several companies in different shares. In addition, as the creditor's…
11.05.2021
Sergei Bakeshin for Novy Prospect has analysed the ruling of the Constitutional Court of the Russian Federation on the possibility of seizing a debtor's one residence
The Constitutional Court of the Russian Federation has issued a ruling allowing courts to echange a debtor's one but "luxury housing" to "reasonably sufficient" one. Sergei Bakeshin, Head of Dispute Resolution and Insolvency Practice at Maxima Legal, explained the logic behind this decision and its possible consequences specially for Novy…
05.05.2021
Sergei Bakeshin has commented to Kommersant on the prospects of amending regional legislation that contradicts federal norms
Deputies of the Legislative Assembly of the Leningrad region rejected a protest from the region's prosecutor against the changes in the regional legislation. The prosecutor's dissatisfaction was caused by a multiple increase in fines for dumping waste in the wrong place, as a result of which the penalties significantly exceeded the bar established…
29.04.2021