The court began the procedure for bankruptcy of the Russian “daughter” of Google

The court began the procedure for bankruptcy of the Russian "daughter" of Google

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On September 12, the Moscow Arbitration Court recognized Google’s bankruptcy application as justified and began bankruptcy proceedings for the company. About it informs RIA Novosti agency.

“Recognize the statement <...> justified, introduce a monitoring procedure for a period of six months,” the judge said.

According to the agency, the meeting lasted several minutes. At the same time, representatives of creditors did not appear at the court, only lawyers from the Russian “daughter” of Google were present in the hall. According to Interfax, the consideration of the company’s bankruptcy case by the court appointed as of March 13, 2023

Representatives of Google explained that the company’s unfulfilled obligations to creditors exceed 19 billion rubles. At the same time, the assets of the subsidiary are estimated at 3.5 billion rubles, and another 1.2 billion rubles. arrested on accounts.

Google start the bankruptcy procedure of its Russian subsidiary on May 18, 2022. The company explained that the decision was due to the “impossibility of fulfilling financial obligations”. June 16 company filed an application to the Moscow Arbitration Court about its own bankruptcy.

In 2021, a Moscow court imposed a turnover fine on Google in the amount of 7.22 billion rubles. on the claims of Roskomnadzor for the repeated failure to remove prohibited information. The company was supposed to voluntarily pay it before March 19, but did not. On April 29, bailiffs initiated enforcement proceedings to collect a fine.

Google was also fined several tens of millions of rubles for not removing prohibited content. In 2021, the amount of fines reached 58 million rubles, Google refused to remove more than 2,600 materials. In February 2022, the company was again fined 3.5 million rubles. for refusing to remove content prohibited in Russia. A month later, Google received a new fine of 11 million rubles. for fakes about the course of the special operation in Ukraine, distributed on YouTube.

Also on July 18, the companies imposed a second turnover fine in the amount of 21.7 billion rubles. Google was found guilty of repeatedly not taking down content on YouTube. It is clarified that they contained false information about the course of the special operation, discrediting the Armed Forces of the Russian Federation, as well as content prohibited in the Russian Federation.

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