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THE SUPREME COURT RECOGNIZED INTEREST-FREE LOANS AS COMPENSATORY FINANCING

..., not agreeing that the registered creditors had been harmed. The District Court considered that there was only a preference in repayment of debt obligations. The Judicial Board for Economic Disputes pointed out the error of the cassation instance. Loans without interest were considered compensatory financing by the Supreme Court of the Russian Federation. This, in particular, was evidenced by the facts. The participant of the transaction repaid debts to third parties on invoices issued by third parties. At the same time, both organizations shifted the risk of loss ...

THE SUPREME COURT HAS PROTECTED THE WIFE WHO WENT BANKRUPT FROM THE FINANCIAL DEMANDS OF THE EX-SPOUSE

... Federation No. 63. It states that current payments can only be considered claims for the period that expired after the initiation of bankruptcy proceedings. Loan payments are not considered periodic. When a person periodically pays money to the bank as a loan obligation, this only indicates the procedure for fulfilling the obligation agreed upon by the parties to the transaction. As a result, the Supreme Court of the Russian Federation returned the case for reconsideration to the Khimki City Court. At the same time, during the proceedings, the chairman noted that the Economic Board had already considered a similar family dispute on May 3. In it,...

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