The Supreme Court has confirmed the bankruptcy of Ukrpodshipnik, the Klyuev brothers' company.

Andrey and Sergey Klyuyev

The Supreme Court rejected a cassation appeal against the Eastern Commercial Court's decision to initiate bankruptcy proceedings against the Ukrpodshipnik plant, which is controlled by the brothers. Andrey and Sergey KlyuyevThe corresponding court decision was published in the Unified State Register of Court Decisions.

"The cassation appeal of the open joint-stock company "State Export-Import Bank of Ukraine" (JSC "Ukreximbank") shall be dismissed. The ruling of the Eastern Commercial Court of Appeal dated January 17, 2019 and ruling of the Commercial Court of Donetsk Oblast “from 03.07.2018 in case No. 905/3071/17 leave unchanged,” the decision states.

The decision of the court of cassation comes into legal force from the moment of its adoption, is final and is not subject to appeal.

Ukreximbank filed an appeal against the first instance court's ruling of May 30, 2018, in which it asked the Eastern Commercial Court of Appeal to fully recognize the stated claims against Ukrpodshipnyk PJSC in the amount of UAH 2,035 billion.

Ранее SKELET-info reported that The Klyuevs are planning to sell real estate of PJSC "Ukrpodshipnik" due to debts to "Ukreximbank".

In topic: The Klyuyev brothers are unlikely to pay off their 28 billion debt to Ukreximbank and Oschadbank.

The Klyuev brothers' foreign accounts have been frozen.

SKELET-info

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