VTB is seeking the arrest of assets of Igor Mavlyanov’s family. Westside’s Managing Partner Sergey Vodolagin quoted by Kommersant newspaper.

VTB, expecting to collect more than 2 billion rubles from Igor Mavlyanov, the co-owner of the holding "Jashma", tries to challenge the sale of the debtor’s real estate in the US, including the property in California and Manhattan.

The businessman transferred a part of the assets to his relatives, which, in the opinion of the state bank, is an attempt to conceal liquid assets from creditors. Mr. Mavlyanov, who has recently been declared bankrupt in Russia, claims that the creditor is waging "a personal war" against him.

Westside's partner, Sergei Vodolagin, reminds that in case it is possible to prove that the transfer of assets to the debtor’s son occurred after the risk of the loss of the assets arose, then such assets can be seized. If the transfer of assets began after the obtaining of the loan and personal surety, allegations may arise that the debtor was not going to return the amount received. This can be treated as fraud, says Mr. Vodolagin.

http://www.kommersant.ru/doc/3217939