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Rightmark Group lawyers prevented asset stripping during fictitious debtor’s bankruptcy.

After receiving, by false pretences, a short term loan from the client amounting to several hundred million roubles through a dummy company, its owner attempted to declare fictitious bankruptcy of the company and strip the assets (real estate) in order not to return the received amount of money. The debtor bankruptcy proceedings lasted over three years due to lots of abuses on the part of the debtor representatives, sole member and a person acting as the sole executive body. However, Rightmark Group lawyers succeeded in preventing a number of attempts to include in the list of creditors’ claims fictitious claims of creditors affiliated with the debtor and the sole member of the debtor, as well as stripping of the debtor's assets, ensured lawful bidding for sale of the debtor property and satisfaction of claims of the debtor’s creditors.