Battle for Q-Park in Kazan
Representing Irish Bank Resolution Corporation for the recovery of assets illegally siphoned off by the debtor. Battle for Q-Park in Kazan.
Other ancillary cases
Logistika was the owner of a large logistics center.
Irish Bank provided Logistika with financing through loans granted both directly and through Demesne Investments Limited and Krasniy Sektor.
Logistika was controlled by the Quinn family.
Parties acting on behalf of the Quinn family assigned debts owed to Demesne Investments Limited to Galfis Overseas Limited.
To artificially increase Logistika's liabilities to parties controlled by the Quinn family, Galfis Overseas Limitedsigned surety agreements with Finansstroyinvestment.
Galfis Overseas Limited assigned debts owed by Logistika to Stroitelnye Tekhnologii and Vneshkonsult, companies acting on behalf of the Quinn family.
On 18 August 2011, Logistika filed for bankruptcy.
The consultants secured the inclusion of Irish Bank's claims in the register of creditors.
The consultants challenged the assignments made to Demesne Investments Limited. Related disputes went to trial in Russia and Ireland.
Kirill Nogotkov, acting in the interests of the Quinn family, was appointed Logistika's receiver.
Parties acting on behalf of the Quinn family actively resisted the inclusion of Irish Bank's claims in the register and the invalidation of assignments of debts owed by Logistika.
It was only in the Russian Supreme Arbitrazh Court that the consultants for Irish Bank succeeded in invalidating the debt assignments.
Almost all the claims of sham creditors acting on behalf of the Quinn family were excluded from the register of Logistika's creditors.
The receiver Kirill Nogotkov, acting in the interests of the Quinn family, was replaced by Dmitry Shcherban.
Control over the bankruptcy proceedings reverted to Logistika's legitimate creditors.