Bankruptcy. Projects

The Principal entered into a number of interrelated contracts with a contractor to implement a project on construction of a shopping and entertainment center in Moscow Region. The Contractor breached its obligations under the contracts, thus the Principal incurred losses by way of extra costs for re-design, additional mobilization of forces and construction work, as well as by lost profits due...

As part of the bankruptcy case, a creditor’s application was handled that concerned inclusion in the register of creditors’ claims of the amount of RUB 280 million received by the debtor under loan agreements. Since doubts existed that the debt was real, KIAP was tasked with verifying the evidence and opposing inclusion of the debt in the register. In their efforts, KIAP associates...

As revealed in the analysis of the bankrupt company’s bank statements, the former CEO and sole member had, in the pre-bankruptcy period, issued loans in his favor in the amount of approximately RUB 50 million. At the same time, the borrower also found himself in bankruptcy proceedings. KIAP was tasked to litigate on 2 independent disputes related to inclusion in the register of cla...

As part of the bankruptcy case, a creditor’s application was handled that concerned inclusion in the register of creditors’ claims of the amount of more than RUB 60 million received by the debtor under a loan agreement. Despite the fact that KIAP associates who acted for the competing creditor consistently insisted on the applicant’s affiliation with the debtor and the lack of evidence pr...

As part of the bankruptcy case, a creditor’s application was handled that concerned inclusion in the register of creditors’ claims of the amount of RUB 160 million. KIAP was tasked with reviewing the evidence presented and originating a strategy to prevent the debt from being added in the register. KIAP associates succeeded in proving the fact of defaulting on the limitation period...