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THE COURT: CREDITOR'S DOUBTS ABOUT ACCURACY OF PAYMENT OF CURRENT PAYMENTS MUST BE DISPELLED BY BANKRUPTCY TRUSTEE

The case on the challenge of actions of the bankruptcy trustee and recovery of damages from him was referred to the arbitration court at the request of the creditor. The claim was filed because the bankruptcy trustee repaid current payments in favor of a third party. Obligations in this case followed ...

'AIR EXPRESS’ BUSINESS CARRIER IS DRIVEN TO BANKRUPTCY BY SDM-BANK

A commercial bank made a decision to drive the airline from Voronezh to bankruptcy. The claim was sent to the arbitration court on July 9, 2021 and hearings on the case (No. А14-10825 / 2021) were scheduled for September 28. The amount of the debt and other circumstances of the case have not been disclosed yet. It is known ...

DISTRICT COURT CLARIFIED THE GROUNDS FOR SUSPENSION OF BANKRUPTCY TRUSTEE

... of the courts, which refused to to remove the manager from participation in the case. At the same time, the district court questioned the correctness of the colleagues' position. The arguments of the tax authorities boiled down to the fact that the bankruptcy trustee proposed by one of the creditors was associated with a group of companies, which included both the debtor and the creditor. The lower courts, in turn, indicated that there was nothing to remove the trustee for, since he had not committed ...

TAX AUTHORITIES OF PRIKAMYE REGION DRIVING BEREZNIKI AIRPORT TO BANKRUPTCY

Bankruptcy petition against the organization managing Berezniki airport located in the Perm Territory was submitted to the Arbitration Court by II FTS No. 21. Tax authorities require the company to pay 485 thousand rubles of debt and 96 more thousand ...

IS BANKRUPTCY AS GOOD AS IT SEEMS TO BE?

Lola Bakaeva, a legal adviser of the ELCO Profi Law Office, prepared a detailed material on the risks and negative consequences of the bankruptcy procedure for individuals. Is it safe and can bankruptcy be called a real way to get rid of the debts? Bankruptcy of indIviduals is advertised today literally at every corner. However, no matter how attractive the idea of getting rid of ...

STUDY OF HIGHER SCHOOL OF ECONOMICS: 15% OF INDUSTRIAL ENTERPRISES ARE CANDIDATES FOR BANKRUPTCY

The manufacturing sector of the Russian industry, which became the object of study conducted by specialists from the Center for Market Research (CMR) of the Higher School of Economics, has showed significant risks of bankruptcy of 15% of enterprises in the country. It turned out that out of 4 thousand companies in 82 regions of the Russian Federation, every seventh plant or factory turns out to be a ‘zombie’ enterprise. The information provided is broadly consistent ...

Kursk plant of polymer coatings has filed for bankruptcy

On August 6, the Arbitration court of the city of Kursk launched bankruptcy proceedings at the plant of polymer coatings (NIPP ‘KRPZ’). The enterprise, which began to go bankrupt back in September last year, turned out to be insolvent. The results of the next phase of bankruptcy will be more obvious to February 2. ...

DISTRICT COURT EXPLAINED THE PECULIARITIES OF RECOVERY OF DAMAGES FROM THE BANKRUPTCY TRUSTEE

The Arbitration court of the Urals District considered the complaint of the former bankruptcy trustee of the debtor in the case of recovering losses from him. The applicant applied to the court with a demand to recognize the previously issued order to recover the losses in connection with the return of part of the property to the bankruptcy ...

SUPREME COURT OF RUSSIA: LOWERING OF PRIORITY OF CLAIM IS NOT APPLICABLE IN BANKRUPTCY OF INDIVIDUAL

... courts referred to paragraph 5 of the Review of Judicial Practice of January 29, 2020. When the dispute was considered by the economic board, it was pointed out that this position was erroneous, since the rule of law in question is not applicable in bankruptcy of individuals and only concerns the insolvency of companies. The Supreme Court recalled that when considering bankruptcy cases of individuals, the courts may consider issues of including of imaginary, already fulfilled and other non-satisfactory ...

ST. PETERSBURG CITY IS ON THE VERGE OF BANKRUPTCY

The government meeting that took place in Smolny at the end of July was devoted to the execution of the city budget for the first half of the year. During the meeting, the governor of the northern capital announced a surplus of 25 billion rubles and an increase in city revenues by 23%. However, according to other versions, the prospects of the city are not so rosy. The city treasury was replenished by 338 billion rubles. According to Smolny's forecasts, the budget deficit in 2021 will amount to...

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