Capital Tour to undergo bankruptcy proceedings

UrBC, Moscow, April 25, 2011. Moscow Arbitration Court ruled that the tour operator Capital Tour should undergo bankruptcy proceedings, Russian Agency for Legal and Judicial Information reports.

The court ruled that the company’s own insolvency application was well-grounded. Evgeny Shklyayev was appointed the company’s trustee in bankruptcy. The hearings were set for November 24, 2011.

Capital Tour currently owns its creditors 1.57bn RUR, including 1.57bn RUR worth of acknowledged debt, 6.67m RUR worth of indispensable payments, and 83,000 RUR worth of wage arrears.


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