Ilyashev & Partners has successfully represented the creditors of bankrupt Fortuna-Bank's beneficiary, Serhii Tyshchenko, in bankruptcy proceedings before the Economic Court of Kyiv.
"The decision of the Economic Court of Kyiv put an end to the bankruptcy case – the collection of funds from Serhii Tyshchenko will be carried out by creditors in full outside the bankruptcy procedure," Ilyashev & Partners informed. "The total amount of accounts payable exceeds UAH 1 billion."
"The relevant proceedings were commenced by the Economic Court of Kyiv in 2019, thereby imposing a moratorium on meeting creditors' claims," the firm reported, noting that, as a result of the litigation, "Serhii Tyshchenko was unable to agree to a debt restructuring on terms that were unfavorable to the creditors. Now, the creditors can sue the debtor separately and demand the full repayment of debts."
The Ilyashev & Partners team was led by Senior Partner Roman Marchenko and included Partner Yevgen Solovyov and Counsels Andrii Konoplia and Vadym Kizlenko.