The largest operator of outdoor advertising Russ Outdoor used the right to refuse the moratorium on the bankruptcy. This is becoming a common measure: typically, companies refuse moratorium because of the accompanying restrictions or special arrangements with the banks. In the case of Russ Outdoor, the moratorium previously helped to avoid bankruptcy at the request of the tax authorities of one of the companies of the group — operator “Laysa”. In early July, she received new claims from the structures of its key partner — Russian Railways OJSC.LLC “Russ Outdoor” abandoned the moratorium on bankruptcy for creditor applications should be the message, included in the Uniform Federal register of data on bankruptcy, according to “SPARK-Interfax”. Is an operating company of the group Russ Outdoor, which in April joined the list of strategic companies, for which a moratorium for bankruptcy within six months. In Russ Outdoor, declined to comment.revenues totaled “Lacey” in 2019 hodograph claims from creditors of LLC “Russ Outdoor” for the last year was not. According to “SPARK-Interfax”, its revenue for the 2019 amounted to 5.5 billion rubles., net loss of 469 mln rubles and accounts payable — 2.2 billion rubles. But the moratorium has already managed to use another company of the group Russ Outdoor advertising partner of OAO RZD “Laysa”. As reported by “Kommersant” on 10 June, she was able to challenge the claim about bankruptcy from the Inspectorate of the Federal tax service. Since it was a new claim: 3 and 6 July the Moscow Arbitration court took into consideration two claims of the Federal passenger company (FPC, included in the Railways) to the “Lays” — 10.4 million rubles in the aggregate. In FPC it does not comment.With regard to “Lacey” the moratorium continues, the failure of one company of the group is not affected, says the lawyer Forward Legal Oleg sheikin. So now with the new bankruptcy “Lacey” can be accessed not earlier than October.”The moratorium has not only saved the company from bankruptcy, but also imposes on them a number of restrictions,”— says the lawyer. Among such restrictions is a ban on the payment of dividends and repurchase of assets. Because of this moratorium has declined more than 500 companies and individual entrepreneurs. The first was the holding “metalloinvest”, which explained that the moratorium is for him irrelevant. Among other such companies — Gazprom, Magnitogorsk iron and steel works, GK Rusagro, the Russian subsidiary of Danone, the company “Steppe”, etc. a Waiver of the moratorium on insolvency is often associated with the agreement with creditor banks, adds the partner of legal Bureau “Zamoskvorechye” Dmitry Shevchenko. “The deterioration in the financial condition of borrowers, as a rule, entitles the banks to provide loans to early repayment. Not to do so, the parties come to a compromise: the Bank does not impose requirements earlytion, but at the same time, receives a guarantee of being able in that case to initiate and lead to bankruptcy,” he says.The outdoor advertising market has significantly suffered from the restrictions associated with the coronavirus. In April and may, market participants estimated the fall in revenue in the 70-90% year-on-year. According to the Association of communication agencies of Russia, in the first quarter the volume of outdoor advertising market remained at last year’s level of 11 billion rubles Valery Lebedev
