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…


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…


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…


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…


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…


SergeI Bakeshin has assessed for Novy Prospect the impact of sanctions, businesses leaving Russia and the end of the bankruptcy moratorium on the number of disputes

Novy Prospect online publishing has pointed out that the Commercial Court of St Petersburg and the Leningrad Region is now hearing several disputes related to the imposed sanctions and the withdrawal of foreign companies from Russia. In particular, Severstal is suing Tikhvin Freight Car Building Plant for more than RUB 2 billion in debt. The…


SergeI Bakeshin has commented for Pravo.ru on the case pending before the Supreme Court of the Russian Federation regarding settlements between two bankrupt companies

The Supreme Court of the Russian Federation will decide how the bankrupt Novoorlovskiy Mining and Processing Combine should return more than RUB 120 million paid under a recognized void transaction to Rostovskiy Electrometallurgical Plant, which was also declared insolvent. The lower courts have ruled that since the combine itself is going through…


Sergei Bakeshin has told Kommersant about ways to restore a debtor's solvency during external management

Billionaire Alexander Ebralidze's bankrupt company STOD has been given an opportunity to restore its solvency. To this end, external management has been introduced at the timber company, whose claims exceed RUB 49 billion. A decision to this effect was taken by the Commercial Court of St Petersburg and the Leningrad Region in the middle of…


Pravo.ru once again ranked Maxima Legal among the leaders in the quantitative bankruptcy ranking

Pravo.ru legal online publishing has ranked the law firms which are more active and successful than their colleagues in such disputes. The research was based on the statistical analysis of more than 8,000 final decisions made by commercial courts from January 1 to December 31, 2021.  The  research of  Pravo.ru once again certified…


Sergei Bakeshin has told Kommersant about the possible consequences of declaring bankrupt another company of billionaire Alexander Ebralidze’s group, which owes more than RUB 40bn

Bank Saint Petersburg was able to secure the bankruptcy of Talion JSC, part of the eponymous group of companies of St Petersburg billionaire Alexander Ebralidze. The total amount of Talion group of companies' debts to creditors is RUB 44.4 billion. Talion's assets were valued at only RUB 6.9 billion at the end of last year. In addition, the…