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THE MAIN PRINCIPLE OF THE BANKRUPTCY PROCEDURE IS TO MAINTAIN A BALANCE BETWEEN THE INTERESTS OF THE DEBTOR AND CREDITORS

... had been taken. The sale of a real estate object, even at cadastral value, would allow meeting the requirements of the collateral creditor in almost full. A detailed review has been prepared by the Association of Lawyers for Registration, Liquidation, Bankruptcy and Judicial Representation

THE COURT HAS FIGURED OUT THE OWNERSHIP OF FUNDS UNDER THE STATE DEFENSE ORDER IN BANKRUPTCY

... with taking into account the priority established by law. The appeal did not agree with this approach and, after analyzing the complaint acts and establishing the fact of detecting a defect in the delivered goods after the date of initiation of the bankruptcy case, came to the conclusion that the debtor's obligation to refund funds arose after the date of initiation of the bankruptcy case, in connection with which it considered the creditor's claim in the declared amount to be the debtor's current ...

THE SUPREME COURT WILL LOOK INTO THE POSSIBILITY OF INDEXATION IN BANKRUPTCY

The Company filed a lawsuit to recover funds from the company under the investment agreement (case no. A56-66253/12). The claim was satisfied by the courts, but a bankruptcy case was initiated against the defendant. The plaintiff appealed to the court with an application for indexation of the awarded amounts, which was satisfied by the courts of three instances. The Supreme Court of the Russian Federation referred ...

THE DISTRICT COURT SPOKE ABOUT THE RESPONSIBILITY OF KDL IN THE BANKRUPTCY OF GULLIVER

... application. The cassation canceled the previously adopted acts, pointing out the violations committed. The Bryansk arbitration court will have to consider the lawsuit anew. The issue of subsidiary liability of Gulliver's participants arose in the company's bankruptcy case (No. A09-217/2017). The company was declared insolvent in February 2017 in a simplified manner. However, the term of bankruptcy proceedings was periodically extended until mid-June 2023. The reason for postponing the hearings this year ...

THE MANUFACTURER OF AGRICULTURAL EQUIPMENT IN NOVOSIBIRSK CAME UNDER THE BANKRUPTCY CLAIM OF THE FEDERAL TAX SERVICE

The tax authorities (MI FTS No. 17) applied to the court for bankruptcy of NOEZNO-Selmash (LLC). According to the fiscal service, the Novosibirsk experimental plant of non-standardized equipment owed 65,301,628.6 rubles (case no. A45-33733/2023). The claim was submitted to arbitration on November 14 and has not ...

The tax AUTHORITIES DECLARED BANKRUPTCY OF THE MEAT PROCESSING PLANT "TAURUS"

... of the enterprise was the sausage shop that had previously operated at this place. The organization still specializes in the production of sausages and other products based on beef, pork and poultry. In 2016, the company was already on the verge of bankruptcy. Then the owner of a huge fortune, Alexander Repin, who is the beneficiary of the Saturn-R holding, acquired the debts of the founders of the plant, becoming its majority owner with a 51% stake. According to local media, the co-owners of the ...

IF THE FATE OF THE PROPERTY IS NOT CLARIFIED, IT IS TOO EARLY TO COMPLETE THE BANKRUPTCY PROCEDURE

In the framework of the citizen's insolvency case (No. A43-35459/21), the financial manager filed an application for the completion of the bankruptcy procedure and the release of the debtor from obligations. The creditor also filed an application for the resolution of disagreements between him and the manager regarding the debtor's real estate. The courts of two instances completed the ...

THE CASE OF THE DELIBERATE BANKRUPTCY OF THE AGRICULTURAL FIRM "OMSK" HAS BEEN TRANSFERRED TO THE COURT

... completion of work on the final version of the charges brought against ex-deputy of the regional parliament Sergei Golovachev and former director of the company "Agrofirma Omsk" Alexey Stepanenko. Both top managers are accused of deliberate bankruptcy of the organization (Article 196 of the Criminal Code of the Russian Federation). The judge in the criminal case has not yet been appointed. The May Day District Court will judge entrepreneurs. At the end of August 2020, Rosselkhoznadzor applied ...

THE POWERS OF THE FAS IN RELATION TO THE BANKRUPTCY OF TRADES ARE LIMITED

... organizer must have irrefutable and documentary evidence of this circumstance. The organizer of the auction has not provided such evidence, and therefore, the rejection of the bidder's application is unlawful and does not comply with the requirements of the Bankruptcy Law. At the same time, the courts proceeded from the fact that the antimonopoly authority has the authority to make the disputed decisions and orders. The Court of Cassation referred the dispute for a new consideration and noted that the auctions ...

PUTIN SUPPORTED THE TRANSFER OF BANKRUPTCY OF CITIZENS TO ELECTRONIC FORMAT

Russian President Vladimir Putin announced the need to transfer the entire bankruptcy procedure for individuals into electronic form as soon as possible. According to the head of the Russian Federation, the changes in the bankruptcy procedure serve to protect the interests of debtors. During the meeting of the President with ...

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