A Russian billionaire and former Norilsk Nickel executive has been revealed as the winning bidder of Renzo Renzi`s ‘s Brickell condo site.

Oleg Baibakov, who owns a New York apartment listed for $25 million and a penthouse at the W South Beach, came out the victor in a bidding war for Renzi’s parcel where Beacon At Brickell Village was once proposed.

Renzi, a Miami developer, lost the project earlier this year ,he went on bankruptcy . In June, a U.S. bankruptcy judge allowed Renzi to lose the site through a sale to Crystal Tower on Brickell Plaza LLC. Baibakov is said to have outbid Crystal Tower with a $21.5 million offer.

At around 30,000 square feet, the all-cash sales price of the parcel is one of highest prices paid for land in Brickell. The site sits directly across from the upcoming Brickell CityCentre.

Miami developer Renzo Renzi was the subject of a unique bankruptcy order recently when a judge barred him from filing any more bankruptcy cases himself.

Renzi has filed a series of “pro se” or self-representing bankruptcies for himself and his projects since 2011, including The Sail condominium, Beacon at Brickell Village and Blue on Coral Way.

Back in March 2011, I wrote about judges dismissing his cases for lack of documentation.

In December, several of Renzi`s companies lost  an $18.2 million foreclosure judgment in Miami-Dade County Circuit Court.

On Monday, U.S. Bankruptcy Judge Laurel Isicoff went one step further and barred him from filing new cases without representation by a bankruptcy attorney.

Isicoff’s order came in the Chapter 7 case of Beacon Developer Partners. But on Tuesday, the Chapter 7 trustee on the case filed a motion asking Isicoff not to dismiss the case because there may be assets to liquidate in order to pay creditors.

The motion to bar Renzi from future filings was filed by the trustee on the case,Sharon Christienbury , represented by Greenberg Traurig shareholder John Hutton . “The bar on future filings was an unusual remedy, but one that the bankruptcy court found appropriate based upon the pattern of abuse by Mr. Renzi, and a remedy that could be applied to other serial bankruptcy filers in the future,” Hutton wrote in an email about the case.