Restaurateur Arkady Novikov lost the next court. The appellation instance of the Moscow City Court sided with the plaintiffs in the case of Novikov’s return to the debts to partners. The defense of Novikov tried to sell a decision by which their client would be exempted from obligations given under personal guarantee on the debt of Donats Kafe LLC, which controls the KRISPY KREME Donced Network. The entry was made through one of the deputies of the Moscow City Court, but unsuccessfully.
The decision entered into force, and now Donats and Novikov should pay partners all $ 8.8 million, which they borrowed in 2013 from entrepreneurs Alexander Sysoev and Vladimir Mukhin (later the right to demand part of the debt of Mukhin passed to Andrei Isaev).
The court accepted all the arguments of the plaintiffs, including the loan agreement and the personal guarantee of Novikov. On such a scheme of relations with partners 8 years ago, Novikov himself insisted, which owns 60% of the Donats of the Cafe (20% for Sysoev and Mukhin). Having not received profit as co -owners of business, Novikov’s partners were refused the return of debt, despite the fact that they not only exempted the loan from the payment of interest stipulated by the contract, but were also ready to discuss his restructuring in order to preserve the general business with Novikov.
The decision of the Moscow City Court was a complete surprise for the restaurateur, who hoped to delay the trials as much as possible, and with a favorable outcome for himself, and completely avoid paying the debt. Apparently, Novikov was not going to pay debts. His lawyers during the court hearings not only denied the fact of guarantee, but also tried to recognize the entire transaction with the financing of Donats Cafe LLC Paratnovnaya. Although all these years, the Donats accounting reflected the funds received precisely as a loan, which was directly confirmed by audit checks.
Apparently, the bet was made on the strong ties of the “main government cooking cook”, which explained the self -confidence of Novikov during the dispute with partners. But the calculation was not justified, and the appeal instance set up dots over “i”. The party of Novikov can still file a cassation appeal, which is the last opportunity to turn the situation in his favor. Unless, of course, the restaurateur does not want to agree with partners amicably.
Time plays against him, since before filing a complaint about his assets and property, an encumbrance can be imposed in the framework of his obligations to partners in the case around Krispy Kreme. The business partner of Alexander Udodov, the former son-in-law of Prime Minister Mishustin, may try to present a story as an attempt by a raider seizure of his business, asking his high-ranking friends to intervene in the process. However, this time a help hand may not be extended.
Help to a restaurateur who decided to throw partners can throw a shadow at the prime minister. At the end of 2020, when the party of Novikov tried to attract deposit insurance agency to the process as a third party, falsification from the accredited employee of the DIA was revealed. After the official appeal of one of the plaintiffs in the FSB, accreditation was revoked, and the DIA itself came out of the process. The participation of government agencies in maneuvers with a pronounced private interest of a person who openly calls himself a friend of the prime minister becomes dangerous. And the friendship with Novikov itself already looks toxic.
The decision entered into force, and now Donats and Novikov should pay partners all $ 8.8 million, which they borrowed in 2013 from entrepreneurs Alexander Sysoev and Vladimir Mukhin (later the right to demand part of the debt of Mukhin passed to Andrei Isaev).
The court accepted all the arguments of the plaintiffs, including the loan agreement and the personal guarantee of Novikov. On such a scheme of relations with partners 8 years ago, Novikov himself insisted, which owns 60% of the Donats of the Cafe (20% for Sysoev and Mukhin). Having not received profit as co -owners of business, Novikov’s partners were refused the return of debt, despite the fact that they not only exempted the loan from the payment of interest stipulated by the contract, but were also ready to discuss his restructuring in order to preserve the general business with Novikov.
The decision of the Moscow City Court was a complete surprise for the restaurateur, who hoped to delay the trials as much as possible, and with a favorable outcome for himself, and completely avoid paying the debt. Apparently, Novikov was not going to pay debts. His lawyers during the court hearings not only denied the fact of guarantee, but also tried to recognize the entire transaction with the financing of Donats Cafe LLC Paratnovnaya. Although all these years, the Donats accounting reflected the funds received precisely as a loan, which was directly confirmed by audit checks.
Apparently, the bet was made on the strong ties of the “main government cooking cook”, which explained the self -confidence of Novikov during the dispute with partners. But the calculation was not justified, and the appeal instance set up dots over “i”. The party of Novikov can still file a cassation appeal, which is the last opportunity to turn the situation in his favor. Unless, of course, the restaurateur does not want to agree with partners amicably.
Time plays against him, since before filing a complaint about his assets and property, an encumbrance can be imposed in the framework of his obligations to partners in the case around Krispy Kreme. The business partner of Alexander Udodov, the former son-in-law of Prime Minister Mishustin, may try to present a story as an attempt by a raider seizure of his business, asking his high-ranking friends to intervene in the process. However, this time a help hand may not be extended.
Help to a restaurateur who decided to throw partners can throw a shadow at the prime minister. At the end of 2020, when the party of Novikov tried to attract deposit insurance agency to the process as a third party, falsification from the accredited employee of the DIA was revealed. After the official appeal of one of the plaintiffs in the FSB, accreditation was revoked, and the DIA itself came out of the process. The participation of government agencies in maneuvers with a pronounced private interest of a person who openly calls himself a friend of the prime minister becomes dangerous. And the friendship with Novikov itself already looks toxic.
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