Russian businessman having $115 mln debt declared bankrupt – RAPSI

10:59 12/02/2019

MOSCOW, February 12 (RAPSI) The Commercial Court of Orenburg Region has declared businessman Sergey Chernov residing in Moscow bankrupt for his 7.6-billion-ruble debt (about $115 million) to creditors, according to court records.

Debt restructuring process has been initiated against him.

Chernov has filed a claim for his own bankruptcy.

As part of this case, the commercial court accepted a bankruptcy petition filed by Sberbank against Chernov. According to the bank, the businessman owes 6.3 billion rubles ($96 million) to the financial organization.

Read the full article at: http://rapsinews.com/judicial_news/20190212/294929981.html

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