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THE SUPREME COURT RECOGNIZED INTEREST-FREE LOANS AS COMPENSATORY FINANCING

On June 26, 2024, the Judicial Board for Economic Disputes (SCES) of the Supreme Court of the Russian Federation issued a Ruling on the complaint filed by the ... ... challenged in the bankruptcy process on the initiative of the bankruptcy trustee and the Federal Tax Service. As a result, lower courts declared these transactions invalid,... ... fact that liquid rights were transferred free of charge, despite the company's debt on loans. The act of the appellate instance indicated that the transactions were the return...

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