Publications / 14.10.2020

More than 170 lawsuits have been filed against a St. Petersburg hypermarket chain / RBC News Agency

After the “Optoklub Ryady” chain announced the termination of its operations starting from September 14, contractors have filed more than 170 lawsuits against it. Lawyers do not exclude that the company may face bankruptcy.

Andrew Bezhan, a Counsel in the Dispute Resolution Practice at the St. Petersburg office of Borenius Russia, shared his point of view with the RBC News Agency on whether it is possible to initiate bankruptcy proceedings in this situation.

Read the full article (in Russian)

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