Co-owner and CEO of shoe retailer Paolo Conte may be held vicariously liable
[ad_1]
The bankruptcy trustee of Paolo Conte retail LLC (a structure of the Paolo Conte shoe retailer) Tatyana Dokukina filed a claim with the Arbitration Court of the Moscow Region for the recovery of damages in the amount of 331 million rubles. from Oksana Rotar and Anatoly Loginov. This follows from the materials published on the website of the Unified Federal Register of Bankruptcy Information. Rotar is the wife of Andrey Rotar, the founder of Paolo Conte, he died in October 2021. She also owns a 50% stake in the company’s structures. Loginov is the CEO of the retailer. It was not possible to contact them. Dokukina did not provide prompt comment.
Paolo Conte was one of the top 10 largest shoe retailers in Russia in the mainstream segment, according to OR Group. By 2019, the network included 81 stores. At that time, the revenue of one of the main structures of the group – Paolo Conte LLC – amounted to 1.8 billion rubles, and net profit – 27.5 million rubles. After the death of Andrei Rotar, creditors began to massively file lawsuits against the company’s structures. The largest of them – for 1 billion rubles. – filed Sberbank, which credited the network in 2019-2020. Last year, Paolo Conte’s member firms were declared bankrupt.
[ad_2]
Source link
