Sergey Bakeshin has provided his comments to Fontanka on the proposed fines for the unlawful distribution of foreign periodicals
The Russian Parliament has passed a law at first reading which will establish liability for the publication of foreign periodicals without prior approval from the Russian regulator, Roskomnadzor. Senior Associate at Maxima Legal, Sergey Bakeshin, explained to Fontanka how the new fines may be issued in practice. "Periodicals include not only…
02.04.2019
Sergey Bakeshin has provided his comments RBC on the insolvency of a joint venture
A joint venture between Pervaya Mebelnaya Fabrika (PMF) and Germany company Alno has been made subject to insolvency proceedings. According to the official position of PMF, the losses of the project result from the dissolving of an entity that was connected with the departure from the business of an insolvent foreign partner. "Judging by the…
15.03.2019
Sergey Bakeshin has provided his comments to DP on the simplified process for interim measures
Delovoy Peterburg, a business newspaper, has analysed the decision of the Russian Supreme Court, according to which in order for interim measures to be issued in insolvency matters, administrators must confirm a reasonable risk that assets may be concealed. At the same time, the judicial board on economic disputes ruled that the efficiency of…
13.03.2019
Maxima Legal invites you to a business breakfast dedicated to the subsidiary liability of top managers and business beneficiaries
Maxima Legal Law Firm invites you to a business breakfast dedicated to the top managers and beneficiaries of the business. Date: 21 March, Thursday Location: Maxima Legal office, 26, Liteyniy prospect, St Petersburg. Time: 10:00-11:30 One of the key bankruptcy outcomes of 2018 was the mass application by arbitration courts of the mechanism of…
13.03.2019
Sergey Bakeshin has explained to Noviy Prospekt the risks to close relatives of insolvent individuals
Administrators for bankrupt former billionaire Andrey Asayev have filed a claim for the bankruptcy of his daughter. The court previously ruled that a transaction to transfer a land plot and cottage to the wife and daughter of the businessman was ineffective and since the recovery of the land plot is not possible, awarded financial compensation.…
14.02.2019
Maxima Legal invites participants to a business breakfast on the topic of subsidiary liability of top managers and beneficiaries of businesses
Law firm, Maxima Legal invites participants to take part in a business breakfast on the hot topic of incurring subsidiary liability by top managers or beneficiaries of businesses. Date: 21 February, Thursday Location: Maxima Legal, Liteyniy Prospekt, 26, office 530, St Petersburg Time: 10.00 — 11.30 am One of the key features of 2018 in the sector…
13.02.2019
Sergey Bakeshin has provided his comments to Noviy Prospekt
Independent internet publication Noviy Prospekt has published an article which included comments from Senior Associate at Maxima Legal, Sergey Bakeshin. The material, that is available only to subscribers of the publication, covers the circumstances around the recent arrest of former senator Rauf Arashukov and his father. To read the article in…
01.02.2019
Sergey Bakeshin has provided his comments to RBC on a conflict over the sale of insolvent assets through an audition
After an audition, Noviye Kommulnalniye Tekhnologii (NKT), as the main creditor of Transportno-logistichesky Kompleks (TLK), can receive the property of its debtor, in particular the multi-purpose terminal Yug-2 to offset its debt. At the same time, Novotrans, a major railway company, which owns more than 75% of the insolvent company’s shares, is…
18.01.2019
451° of procedural reform
More than a year ago, the Supreme Court of the Russian Federation developed a draft law substantially reforming the procedural legislation. In the process of consideration by the State Duma of the Russian Federation the document was amended, but most of the novelties included in it remained in the final text signed by the President. The amended…
28.11.2018
Sergey Bakeshin has provided his comments to RBC about a decision of the Supreme Court to seize residential property from bankrupt individuals
The Supreme Court of the Russian Federation passed a decision which overturned lower courts’ decisions to exclude an individual’s primarily place of residence from the assets that could be seized in bankruptcy proceedings – the asset was a five-roomed apartment valued at around 28 million roubles. According to the Head of the Dispute and…
23.11.2018