FC “Investohills Vesta” has assigned to the “Tilmark Financial Company” the right to claim debt under credit agreements concluded between PJSC “Bank Forum” and SE “Donetsk Railway”. The debt of the “Donetsk Railway” exceeds 13 million US dollars
In 2019, at an open auction, FC “Investohills Vesta” acquired the right of claim to the SE “Donetsk Railway” from PJSC “Bank Forum”.
As part of the debt collection process in 2020, the court allowed the debtor to be replaced by its successor – JSC “Ukrzaliznytsya”. In the charter of the newly formed enterprise, the status of the legal successor of all existing railway transport enterprises of the country is fixed, which allowed the majority of creditors of the State Enterprise “Donetsk Railway” to receive court decisions on replacing the debtor – the State Enterprise “Donetsk Railway” with the legal successor – PJSC “Ukrzaliznytsia”. In particular, the replacement of the debtor – SE “Donetsk Railway” by JSC “Ukrzaliznytsya” was sought by: PUMB, Oschadbank, TASkombank, Sberbank, VBR.
In order to prevent the bankruptcy of a strategically important state-owned enterprise, representatives of FC “Investohills Vesta” LLC made an attempt to peacefully resolve the problem debt. In the format of pre-trial negotiations, the new creditor notified JSC “Ukrzaliznytsya” in writing about its right to recover and offered to restructure the debt. Unfortunately, the management of “Ukrzaliznytsia” ignored the creditor’s letter.
In May 2021, FC “Investohills Vesta” assigned the right to claim the debt on the obligations of the State Enterprise “Donetsk Railway” to PJSC “Bank Forum” to the company “Tilmark”. The amount of accounts receivable amounted to 13,611,810,35 US dollars.