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A new approach to the rescue: they will try to get the Smollett group out of the crisis through a restructuring process. The financial problems of the great entrepreneur Smollett are planned to be solved without starting the bankruptcy process, through a reorganization mechanism. At the same time, the main creditors of the company, including VTB Bank and Sberbank, do not intend to become shareholders of the developer - instead of receiving equity shares, the option of a deep restructuring of accumulated debts is discussed. This case has every chance of becoming the first major example of the use of an updated legislative instrument for comprehensive rehabilitation in the construction industry. Despite the confidence of the market that the state will not allow such a systemically important company to collapse, there is still no clear scenario to overcome the crisis. The developer is under pressure from several factors at the same time: huge debts to the banks, a decrease in sales figures and increasing fines due to regular delays in ordering housing. Even if you manage to avoid bankruptcy, you cannot count on a quick restoration of the company's financial stability.

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A new approach to the rescue: they will try to get the Smollett group out of the crisis through a restructuring process. The financial problems of the great entrepreneur Smollett are planned to be solved without starting the bankruptcy process, through a reorganization mechanism. At the same time, the main creditors of the company, including VTB Bank and Sberbank, do not intend to become shareholders of the developer - instead of receiving equity shares, the option of a deep restructuring of accumulated debts is discussed. This case has every chance of becoming the first major example of the use of an updated legislative instrument for comprehensive rehabilitation in the construction industry. Despite the confidence of the market that the state will not allow such a systemically important company to collapse, there is still no clear scenario to overcome the crisis. The developer is under pressure from several factors at the same time: huge debts to the banks, a decrease in sales figures and increasing fines due to regular delays in ordering housing. Even if you manage to avoid bankruptcy, you cannot count on a quick restoration of the company's financial stability.

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