Sergei Bakeshin told Delovoy Peterburg about the peculiarities of the institution of representations of circumstances

Delovoy Peterburg newspaper has noted the growing popularity of  the institute of representations of circumstances – legally binding statements by the parties to a transaction regarding the relevance of certain facts for a specified period of time. For example, representations of circumstances include guarantees of title purity,…


Dmitry Uryakin has told Novy Prospect about the composition of the property of a bankrupt large fish farm

Ekon, a large fish farm owned by ROK-1, will be sold at auction. According to the Unified Federal Register of Bankruptcy Information, Ekon's production facilities, which are pledged to Sberbank, are valued at almost RUB 87 m without VAT and RUB 102 m with VAT. The list of the company's property totals 253 items, including fish cages, fish breeding…


‘Pravo.ru’ has again included Maxima Legal among regional leaders in the field of bankruptcy

‘Pravo.ru’, the leading federal online legal publication, based on statistical analysis of final decisions made by commercial courts from 1 January to 31 December 2023 in bankruptcy cases, has compiled a ranking of law firms that are more active and successful than their colleagues in such disputes. According to the results of the research at the…


Sergei Bakeshin commented for NP on VLK LLC's attempt to initiate bankruptcy proceedings against its parent company

Vyborgskaya Lesopromyshlennaya Korporatsiya (Vyborg Timber Corporation) LLC, which is in bankruptcy proceedings, has filed a lawsuit to declare bankrupt its former owner - Vyborg Limited, a company registered in the USA. According to the Arbitration Case File, the creditor is demanding RUB 780 m. Until 2022, Vyborg Limited was registered on the…


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…


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…


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…


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…


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…


Dmitry Uryakin commented to Novy Prospect on the creditors' attempt to conclude an amicable agreement with Udarnik poultry farm

The creditors of the Udarnik poultry farm have started negotiating an amicable settlement agreement, according to which they want to extend debt repayment for 14 years. The amount of debt included in the creditors' register is RUB 2.75 bn (RUB 664.7 mn is secured by collateral). They plan to use funds from the company's business activities and…