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Alleged organizer of Crimean blockade declared bankrupt – RAPSI

11:40 18/07/2016

MOSCOW, July 18 (RAPSI) The Moscow Commercial Court has declared Lenur Islyamov, alleged organizer of food blockade of Crimea, bankrupt, Islyamovs representative told RAPSI on Monday.

On March 16, the court introduced a procedure for restructuring of Islyamovs debt upon the application of Sberbank of Russia. According to the banks representative, the businessmans debt under two loans is estimated at 1.1 billion rubles ($17.4 million). Islyamov was a loan guarantor for the Queen Group Company that received these credits. The company later has been declared bankrupt.

Moreover, Aziya-invest Bank turned to court seeking to include Islyamovs 493.6 million ruble debt ($7.8 million) on the register of claims. The application…

Read the full article at: http://rapsinews.com/judicial_news/20160718/276513801.html

Category: BankruptcyBy Insolvency GuardianJuly 18, 2016

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Alleged organizer of Crimean blockade declared bankrupt – RAPSI

11:40 18/07/2016

MOSCOW, July 18 (RAPSI) The Moscow Commercial Court has declared Lenur Islyamov, alleged organizer of food blockade of Crimea, bankrupt, Islyamovs representative told RAPSI on Monday.

On March 16, the court introduced a procedure for restructuring of Islyamovs debt upon the application of Sberbank of Russia. According to the banks representative, the businessmans debt under two loans is estimated at 1.1 billion rubles ($17.4 million). Islyamov was a loan guarantor for the Queen Group Company that received these credits. The company later has been declared bankrupt.

Moreover, Aziya-invest Bank turned to court seeking to include Islyamovs 493.6 million ruble debt ($7.8 million) on the register of claims. The application…

Read the full article at: http://www.rapsinews.com/judicial_news/20160718/276513801.html

Category: BankruptcyBy Insolvency GuardianJuly 18, 2016

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