Larisa Markus was president and founder of Vneshprombank, one of Russias largest banks, which was declared insolvent in 2016. In May 2017 she was convicted, in Russia, of embezzling $2 billion from the bank.
In 2019 Rozhkovappointed to preside over the liquidation of Markuss assetsas Markuss Foreign Representative brought a Chapter 15 proceeding to locate assets owned or controlled by Markus, whose attorney Victor Worms, flouted discovery obligations, leading to bankruptcy courts imposition of sanctions of $1,000 daily until the documents at issue were produced.
Read the full article at: https://www.law.com/newyorklawjournal/2023/09/11/decision-of-the-day-55000-sanction-on-counsel-flouting-discovery-in-bankruptcy-proceedings-is-upheld/?slreturn=20230812170027