RusBankrot
We know everything about bankruptcy
03/03/2026
Tuesday
THIS DAY IN HISTORY:
3 March 
1933 Hitler proclaimed the formation of the Third Reich.
1933 Hitler proclaimed the formation of the Third Reich
1878 The principality of Great Bulgaria was formed as part of the Ottoman Empire.
1878 The Principality of Great Bulgaria was formed as part of the Ottoman Empire
1613 16-year-old Mikhail Fedorovich was elected to reign and became the first tsar in the Romanov dynasty.
1613 16-year-old Mikhail Fedorovich was elected to rule and became the first Tsar of the Romanov dynasty
3 March
1933 Hitler proclaimed the formation of the Third Reich.
1933 Hitler proclaimed the formation of the Third Reich
1878 The principality of Great Bulgaria was formed as part of the Ottoman Empire.
1878 The Principality of Great Bulgaria was formed as part of the Ottoman Empire
1613 16-year-old Mikhail Fedorovich was elected to reign and became the first tsar in the Romanov dynasty.
1613 16-year-old Mikhail Fedorovich was elected to rule and became the first Tsar of the Romanov dynasty
FROM THE FAMILY GARAGE TO THE COMPETITIVE MASS
The manager applied to the court for invalidation of the transaction on the transfer of funds by the debtor to the former spouse, as well as for invalidation of the transaction on the sale of her car to a third party (case no. A40-196963/23).
Partially satisfying the application, the courts of the two instances proceeded from the fact that the contested vehicle sale transaction was made in respect of the jointly acquired property of the spouses, at the time of alienation of the disputed property, the debtor already met the criteria of insolvency, and liquid property, confirmed by an assessment report, the market value of which is a significant amount, which could be included in the bankruptcy estate and through the implementation of which creditors could receive satisfaction of their claims.
The Cassation overturned the ruling and the decision regarding restitution and adopted a new judicial act. The court pointed out that when the disputed car was returned to the bankruptcy estate, the financial manager would have implemented it with the distribution of the proceeds between the spouses, based on the presumption of equality of the spouses' shares. Half of the proceeds from the sale of the disputed car are to be recovered from the debtor's ex-wife into the bankruptcy estate, since she has an indisputable right to retain the other half of the funds as part of the consideration of this separate dispute on the merits.
Photo: Freepik
Partially satisfying the application, the courts of the two instances proceeded from the fact that the contested vehicle sale transaction was made in respect of the jointly acquired property of the spouses, at the time of alienation of the disputed property, the debtor already met the criteria of insolvency, and liquid property, confirmed by an assessment report, the market value of which is a significant amount, which could be included in the bankruptcy estate and through the implementation of which creditors could receive satisfaction of their claims.
The Cassation overturned the ruling and the decision regarding restitution and adopted a new judicial act. The court pointed out that when the disputed car was returned to the bankruptcy estate, the financial manager would have implemented it with the distribution of the proceeds between the spouses, based on the presumption of equality of the spouses' shares. Half of the proceeds from the sale of the disputed car are to be recovered from the debtor's ex-wife into the bankruptcy estate, since she has an indisputable right to retain the other half of the funds as part of the consideration of this separate dispute on the merits.
Photo: Freepik
03.03.2026
