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…


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……


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…


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…


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…


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…


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…


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…


Sergei Bakeshin has commented on claims filed by the Sinyavinsky poultry farm against its former top managers 

The largest egg producer in Russia, the Sinyavinsky poultry farm, and its Volkhov Feed Mill filed claims against the former owner of the enterprise, Nikita Melnikov and his son, Oleg Melnikov, who served as general director. The total value of claims against Oleg Melnikov is almost 883 million roubles, and in the dispute with Nikita Melnikov, the…


Sergei Bakeshin has commented to Delovoy Peterburg on litigation related to the theft of cargo 

The Baltic Plant won a case for damages resulting from the theft of parts of warships that occurred during their transportation by rail. The cargo was protected during transportation by employees of the Federal State Unitary Enterprise, which the Commercial Court of St Petersburg and the Leningrad Region ordered to pay for the cost of lost…