VTB does not want to receive Smolt Group shares as part of its restructuring. The entrepreneur's financial recovery will most likely occur through restructuring the existing debt, instead of converting it into shares. VTB is Smollett's second largest creditor after Sberbank and intends to focus on the main creditor position. According to Mr. Payyanov, the entrepreneur's case may become the first major example of the implementation of the new comprehensive rehabilitation mechanism established in the bankruptcy legislation.