The St. Petersburg Arbitration Court declared the legal entity of the healthy food delivery service Jim Meal LLC (Fresh Lab, formerly Gym Meal) bankrupt. Bankruptcy proceedings have been opened against the company; Now his property will be sold to pay off debts.

A St. Petersburg court declared the legal entity of the healthy food delivery service Fresh Lab bankrupt

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Member of the Union of Arbitration Directors “National Center for Restructuring and Bankruptcy” Mikhail Gorchakov has been appointed bankruptcy trustee, it appears from the data of the file of arbitration cases

“Bankruptcy is almost always a story in which creditors will not receive full satisfaction of their claims, but will receive at least something: statistically, the approximate satisfaction of creditors’ claims is 10 kopecks per 1 ruble of the amount of the bankruptcy claim,” said the vice president. President of the Association of Registration, Liquidation, Bankruptcy and Legal Representation Lawyers Vladimir Kuznetsov told RB.RU.

According to him, if the debtor’s assets and other funds received as a result of the bankruptcy procedure are not sufficient to fully pay the claims of creditors, then the bankruptcy procedure will simply end and the obligations will be considered terminated.

At the end of June 2023, the court introduced a follow-up procedure in relation to the healthy food delivery service Jim Mill LLC. Creditors include Torg Service LLC, Vkusville JSC, Sberbank PJSC, VEB.RF and others. They asked to return a total of more than 7 million rubles.

  • Jim Meal was founded in St. Petersburg in 2016 by Artem Krylov and Stanislav Tkachev. As RB.RU wrote, the company did not get third-party financing.
  • According to Rusprofile, since 2021 Jim Mil’s income has been falling continuously, in 2022 it decreased by 75% and amounted to 14 million rubles.
  • In 2020, the service changed its name: the project was renamed Fresh Lab. In April 2022, Fresh Lab decided to sell its own production area of ​​768 square meters. m in St. Petersburg after six years of work. The decision was reportedly made “due to the unstable market situation, declining demand and rising food prices.”

Author:

Karina Pardaeva

Source: RB

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

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