The court declared Amstor Trade House LLC a bankrupt

Все про економіку та фінанси

On October 3, the Commercial Court of the Dnipropetrovsk Region declared Amstor Trade House LLC a bankrupt under Case No. 904/4356/17 and opened the liquidation procedure.

The deadline for the assertion of a creditor`s monetary claims against the debtor is two months from the date of official publication of this information.

On December 18, 2018, the Commercial Court of Dnipropetrovsk Region approved the register of creditors` claims of Amstor Trade House LLC, including the claims of FUIB (UAH 1.04 billion - the fourth line and UAH 313.9 million - the sixth line) and Ukreximbank (UAH 723.8 million - the fourth line).

At the same time, creditor claims secured by pledge have been separately entered into the register: Ukreximbank (UAH 1.015 billion), FUIB (UAH 535.9 million), Forum bank (UAH 34.4 million), Financial Company Avuar-Servis LLC (UAH 895.4 million).

As Finbalance wrote, on July 23, the Commercial Court of the Dnipropetrovsk Region within the framework of case No. 904/9795/16 declared Amstor LLC as a bankrupt and opened the liquidation procedure for a 1 year term.

On February 13, the Central Commercial Court of Appeals approved the register of creditors` claims of the company, including among others the claims of Ukreximbank (UAH 124.6 million - the fourth order) of PUMB (UAH 91.7 million - the fourth order; UAH 28.8 million - the sixth order), Financial Company Avuar-Servis LLC (UAH 827.3 million - the fourth order; UAH 91.4 million - the sixth order).

Separately, the court of appeal has included in the register of Amstor LLC creditors` claims the following claims secured by the pledge of the debtor`s property: Ukreximbank - UAH 1.52 billion; PUMB - UAH 1.74 billion; Financial Company Avuar-Servis LLC - UAH 106.9 million.

On May 21, the Commercial Court of the Dnipropetrovsk Region within the framework of case No. 904/10293/17 declared Amstor-Invest LLC as a bankrupt and opened the liquidation procedure for a period of one year.

In April, as part of this case, the court amended the debtor`s creditor claims register, recognizing Ukreximbank`s claims for UAH 1.15 billion as those that are secured by pledge (mortgage).

Vadym Novynskyi`s Smart Holding has positioned its Amstor Retail Group as a commercial real estate management company, which operates 14 shopping centers operating in 8 cities in central and eastern Ukraine. As noted, the total area of the shopping centers - more than 190 thousand square meters, and the group cooperates with such networks as Zolotyi Vik, Lotоs, Kari, Brocard, Silpo, and Comfy. "The company plans to regain control over 11 shopping centers in Donetsk region after the conflict in the East of Ukraine is settled," stated at the website of Smart Holding.

As reported earlier, Novynskyi joined Amstor in 2009 in the context of the overloading of network with debts.

At the beginning of 2015, a corporate conflict took place between Smart Holding and one of Amstor`s minority shareholders, V. Vahorovskyi (who managed the network and controlled about 15% of the shares). The parties accused each other of raiding and other crimes.

In April 2015, Smart Holding noted that the debt of Amstor network to banks at that time was about USD 160 million and to suppliers - about UAH 300-350 million.