A commercial property rental company

A member of the company found that almost all the company’s property had been alienated in favor of third parties without his knowledge. Considering his participant rights to be violated, since the opportunity to receive income from twelve real estate objects was lost, L. N. Prokhin applied to NEF for protection of his rights in court. Legal proceedings are currently underway. During the consideration, it was established that two other participants of the company used the following scheme for withdrawing real estate from the company’s ownership: they created a subsidiary company and contributed these real estate objects as a contribution to the company’s property. By now we have developed a position according to which the parent company has suffered significant damage from its participants who decided to contribute real estate objects as a contribution to the property of the subsidiary company. That means that the participants of the parent company, as well as the parent company itself, are deprived of a significant portion of the income from the use of this property.

The property has not been assessed, but the share is approximately 20 million rubles for L. N. Prokhin.