THE SUPREME COURT REFUSED TO CHALLENGE THE TRANSACTION FOR THE ISSUANCE OF A PAID LOAN

THE SUPREME COURT REFUSED TO CHALLENGE THE TRANSACTION FOR THE ISSUANCE OF A PAID LOAN

THE SUPREME COURT REFUSED TO CHALLENGE THE TRANSACTION FOR THE ISSUANCE OF A PAID LOAN
In the framework of the bankruptcy case (no. A56-97714/19), the manager filed a statement challenging the payments. The courts of two instances refused to satisfy the application, noting that the payments do not contain signs of invalid transactions.

The cassation satisfied the manager's claim, considering that the disputed payments violated the rights of creditors.

The Supreme Court, while upholding the judicial acts of the first and appellate instances, noted that the payments did not harm the bankruptcy estate, since the funds issued by the debtor as borrowed were returned by the defendant, which follows from the bank statement.


Photo: Freepik


09.03.2023