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THE SUPREME COURT OF RUSSIA CLARIFIED THE LIMITS OF MORATORIUM ON INITIATION OF BANKRUPTCY PROCEEDINGS

The Supreme Court of Russia considered the dispute on declaring the company insolvent. One of the debtor's creditors initiated the case, and the court of the first instance accepted the application and initiated bankruptcy proceedings. However, in subsequent challenges of the claim in the appeal and district courts, the position was found to be incorrect, ...

Modified: 05.25.2021
arbitration court , ruling , Supreme Court , moratorium on initiation of bankruptcy , debtor , creditor , Russian National Classifier of Types of Economic Activity , bankruptcy
Path: РусБанкрот - СМИ

THE SUPREME COURT OF RUSSIA ADMITTED OFFSETTING OF CLAIMS UNDER INDEPENDENT CONTRACTOR AGREEMENT IN BANKRUPTCY

The Economic Board of the Supreme Court of the Russian Federation considered the case at the request of a bankruptcy trustee. He demanded that the transaction ... ... fact that at the time of receipt of the notification of the offset of claims, the contractor already had other obligations to creditors, the claims of which were subsequently included in the register of creditors’ claims and have not been satisfied so ...

Modified: 05.21.2021
bankruptcy of a company , bankruptcy of a contractor , arbitration court , Supreme Court , determination , offset of claims , challenging the transaction , debtor , creditor , bankruptcy
Path: РусБанкрот - СМИ
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