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

The Supreme Court of Russia clarified the issue of the admissibility of bringing bankruptcy trustees to administrative responsibility in a situation where they violate the procedure for distributing funds received from the sale of the subject of pledge. The legal position on this matter was consolidated in the ruling of the highest ...

Supreme Court of Russia considered it unreasonable to involve a third-party organization in bidding

The Economic Board considered the case on the complaint of a bankruptcy trustee and creditors of the debtor, who opposed the agreement concluded with a third-party organization on holding ... ... due to it. The cases were combined into one procedure, the fate of which changed dramatically after being considered by the Supreme Court of Russia. Prior to that, all three instances unanimously supported the company holding the auction and satisfied ...

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