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Supreme Court of Russia deprived bankruptcy trustee of remuneration due to bad faith

... which was calculated according to the results of the sale of property at auction. The application was rejected by the first instance, however, the appeal and district courts canceled the judicial act, and the claims of the trustee were satisfied. The Supreme Court of Russia figured out the issue and rejected his claim, citing dishonest behavior. The fact is that the auction held by the trustee manager was controversial. In the process of considering the insolvency case, four creditors with a total ...

Modified: 11.22.2021
Supreme Court of Russia , definition , insolvency administrator , bidding , sale of property , bankruptcy
Path: РусБанкрот - СМИ
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