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THE COURT ASSESSED THE POSSIBILITY FOR THE DEBTOR’S DEPOSIT CONTESTATION

... the counter-proposal. Instead of this, the courts took into account the receipt of the deposit by the bank as evidence of inequality. The deposit legally remained with the assignor, since the assignee had violated the terms of the contract. Thus, the Supreme Court of the Russian Federation declared the argument that there was no counter-provision under the contract and the fact that such an agreement was recognized as an invalid transaction to be insolvent(determination No. 306-ES20-14567 of December ...

Modified: 01.20.2021
Supreme Court , bankruptcy , contract contestation , assignment , debtor , creditor , deposit , counter-proposal
Path: РусБанкрот - СМИ
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