Sergei Bakeshin assessed for NP whether one of the creditors will be able to achieve the reintroduction of interim measures against the subsidiary of JSC Ladoga DSK
The Commercial Court of Arbitration of St. Petersburg and Leningrad Region cancelled interim measures in the form of prohibition for the temporary manager of LLC Trade House Ladoga DSK - a subsidiary of JSC Ladoga DSK - to hold a meeting of creditors. This decision was taken in connection with the consideration of all creditors' claims. In…
05.09.2024
Maxima Legal won a court case against Euroclear Bank S.A./N.V. in the interests of a Russian investor
Maxima Legal obtained a court decision to recover unpaid coupon income and unpaid redemption amounts of securities blocked on NSD's account from Euroclear Bank S.A./N.V. in favour of a Russian citizen. The practice in disputes with the European depositories Euroclear and Clearstream is generally similar in favour of Russian investors, but…
07.08.2024
Sergei Bakeshin told DP about the changes concerning the bankruptcy of real estate developers
The bankruptcy reform in conjunction with other legislative changes may significantly affect insolvency proceedings. For example, according to Sergei Bakeshin, Head of Dispute Resolution& Insolvency Practice at Maxima Legal, the novelties may have a negative impact on citizens involved in bankruptcy proceedings of real estate developers. "The…
06.08.2024
Kommersant newspaper, RBC and Novy Prospect quoted Sergei Bakeshin's opinion on the seriousness of Alfa-Bank's intention to bankrupt Tochka Zreniya opticians’ chain
Alfa-Bank has filed a bankruptcy petition against Tochka Zreniya SPb LLC , which manages the eponymous chain of 22 opticians in St Petersburg and Moscow. The amount of claims is RUB 65.3 mn. This is not the first case between Alfa-Bank and Tochka Zreniya in this year; earlier the bank had already obtained a court decision to recover more than…
26.07.2024
Sergei Bakeshin has outlined for Mashnews the prospects for Baltic Shipyard to recover €7.6m from Wartsila Oyj Abp
The Thirteenth Commercial Court of Appeal recovered from Wartsila Oyj Abp in favour of Baltic Shipyard the amounts of bank guarantees in the amount of almost EUR 7.6 million for non-delivered equipment. In its ruling, the court stated that Wartsila Oyj Abp could not refuse to fulfil its obligations ‘due to the fact that the circumstances in which…
23.07.2024
Sergei Bakeshin has commented for Mashnews on attempts by processed Karat cheese producer to recover €4.8 million from French counterparties Sas Steap Stailor and SA Societe Generale
Karat-Togliatti, the Samara-based subsidiary of processed Karat cheese producer, is suing Sas Steap Stailor. The French company failed to supply equipment for the plant in Togliatti, explaining its failure to fulfil its obligations by sanctions despite the fact that the restrictive measures imposed by the EU do not apply to the supply of…
18.07.2024
Sergei Bakeshin has explained to DP what affects the cost of bankruptcy litigation
‘DP-Analytics. Legal Services Market’ research conducted by Delovoy Peterburg newspaper showed that in the first half of 2024, bankruptcy disputes in St Petersburg were the most expensive in terms of legal support - about RUB 5.7 mn for three instances. At the same time, according to Fedresurs, the region ranked third in terms of the number of…
15.07.2024
Sergei Bakeshin explained to Pravo.ru the importance of the position of the Supreme Court of the Russian Federation in a dispute over interim measures imposed on the property of a debtor's relatives
In 2019, ex-banker Magomed Mukhiev was convicted of fraud and embezzlement of deposits in nine banks controlled by him. The court sentenced Mukhiev to ten years in prison with a fine of RUB 9.5 mn. Later, the convict initiated a personal bankruptcy procedure, within the framework of which the Deposit Insurance Agency (bankruptcy trustee) applied…
01.07.2024
Sergei Bakeshin analysed for RBC how the investigation into the manipulation of SPB Exchange shares may develop
The Investigative Committee has opened a criminal case under part 2 of article 185.3 of the Criminal Code of the Russian Federation for manipulation of trading in SPB Exchange shares. The case concerns a situation with a false bankruptcy petition of SPB Exchange, which in November 2023 led to a 35% collapse in the stock prices of the trading…
18.06.2024
Maxima Legal is again recognised by Pravo.ru in the national ranking of lithigators
Based on the All-Russian statistical research of the lithigation market, analysts of Pravo.ru have once again included Maxima Legal among the best lawyers in the field of litigation. The company was included in 47 regional firms recommended by the rating, ranking 3rd in terms of the total amount of claims, 12th in terms of the number of cases and…
05.06.2024