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Supreme Court of Russia clarified the application of the law on holding bankruptcy trustees accountable

... the sale of the subject of pledge. The legal position on this matter was consolidated in the ruling of the highest court this summer. The highest court indicated that the assessment of the situation had already been enshrined in paragraph 14 of the Review of Judicial Practice of the Supreme Court of the Russian Federation No. 3 (2021), according to which bringing bankruptcy trustees to responsibility (civil, administrative) for committing the above actions is possible only for the future. This is stated in the response of the Supreme Court of Russia to the Chairman of the Council of the National Union of Anti-Crisis Management Professionals . We are talking about the legal situation within which the debtor's pledged property was sold. The tax office and the trustee could ...

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