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Supreme Court of the Russian Federation clarified what cannot be considered compensatory financing

... termination of the insolvency case created the appearance of the debtor's financial stability among the creditors. However, the Supreme Court of the Russian Federation expressed disagreement with the indicated arguments. The Economic Board noted that the ... ... the claims of the latter outside the framework of corporate obligations. One of the reasons for the lowering of claims due to compensatory financing is an attempt to hide the financial instability of the debtor from creditors, which cannot be done within ...

Modified: 04.05.2022
Supreme Court of the Russian Federation , definition , compensatory financing , subordination of claims , debtor , creditor , bankruptcy , bankruptcy of legal entities
Path: РусБанкрот - СМИ
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