Sergei Bakeshin has commented to Delovoy Peterburg on the dispute between St Petersburg's cultural institutions and the ticket aggregator
Oktyabrsky Concert Hall, Music Hall theatre and a other cultural organisations in St Petersburg initiated litigation against Sofit ticket aggregator. Contracts had been concluded between the plaintiffs and the defendant under which Sofit was obliged to transfer money for the tickets sold, but failed to do so or did not transfer the money in full.…
07.12.2022
Sergei Bakeshin has analysed the amendments to the Bankruptcy Law for EJ-Jurist magazine
A draft law amending Articles 126 and 134 of the Bankruptcy Law has been submitted to the State Duma. They relate to the result of the review by the Constitutional Court of the Russian Federation of a complaint filed by T Plus PJSC concerning legal uncertainty in par. 2(1) of Article 134 of the Bankruptcy Law. The ruling of the Constitutional…
17.11.2022
RBC has quoted Sergei Bakeshin commenting on the winner's challenge to the tender results
Transagro Agrarian Corporation, which in September 2022 won the auction for the sale of the Luzhsky Feed Milling Plant property, is trying to abandon the deal. On the grounds that the agent who represented it had offered an unapproved "unreasonably high price" of RUB 350m, the company requests that the results of the procedure be declared invalid.…
15.11.2022
Sergei Bakeshin has commented for Novy Prospect on the winner's challenge to the results of the auction for the sale of the bankrupt agribusiness enterprise's property
In September 2022, A-Group, acting for Novosibirsk-based Agrarian Corporation Transagro, won an auction to sell the assets of Luzhsky Feed Mill as part of bankruptcy proceedings. However, the winner is now trying to invalidate the auction results in a court due to "violations of the rules established by the current legislation", in particular, the…
15.11.2022
Sergei Bakeshin has commented for Delovoy Peterburg on the Museum of Machine Rebellion
The trustee in bankruptcy of the Museum of Machine Rebellion has asked a court to take interim measures in the form of seizure of property of the former CEO of the company, Anastasia Gushchina, who has a 50% stake in the share capital. Let us remind, the bankruptcy procedure was initiated in 2020 by Technopolis Moscow JSC to which the museum…
14.11.2022
Sergei Bakeshin commented to Novy Prospect on the bankruptcy of the founder and companies of the Fruktovaya Lavka Group
According to the arbitration case files, Marina Stanchits, founder of the Fruktovaya Lavka (Fruit Shop) retail chain, has been declared insolvent and a debt restructuring procedure has been initiated against her. The bankruptcy was initiated by Bank Saint-Petersburg which demanded over RUB 69 m from the businesswoman in connection with the loan to…
03.11.2022
Sergei Bakeshin assessed for Delovoy Peterburg the effectiveness of debt restructuring for private individuals
In February 2021, VEB.RF initiated bankruptcy proceedings against the St. Petersburg billionaire Alexander Yebralidze. The state corporation is trying to recover RUB 34.1 bn from the entrepreneur on loans in which he acted as guarantor. In April this year the Commercial Court of St. Petersburg and the Leningrad Region initiated restructuring of…
27.10.2022
Sergei Bakeshin commented for Novy Prospect on the judicial activation of the Pella shipbuilding holding company's counterparties amid the sale of some of the company's assets
After the moratorium on bankruptcy was lifted, the Pella Shipbuilding Holding Company began to receive petitions for the declaration of insolvency of the group's structures. The initiators of the bankruptcies are the company's counterparties, including Design Bureau Petrobaltryad LLC. In the near future the creditors' pool may increase as four…
25.10.2022
Sergei Bakeshin has commented on the presidential decree introducing basic preparedness levels in a number of regions
St Petersburg has been included in the list of Russian regions where, the level of basic preparedness has become effective since 20 October 2022 by a decree of Russian President Vladimir Putin. As part of the security measures, an operational headquarter under Alexander Beglov, the Governor of St Petersburg, is to ensure widespread strengthening…
21.10.2022
Sergei Bakeshin assessed for CRE the situation on the real estate market after the lifting of the moratorium on bankruptcy
CRE magazine asked experts to assess the impact of the end of the moratorium on bankruptcy on the commercial real estate, retail, e-commerce and logistics markets. As a reminder, this economic support measure was introduced in April of this year for a period of 6 months. According to Sergei Bakeshin, Senior Associate, Head of Dispute Resolution…
21.10.2022