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Supreme Court of the Russian Federation [x] debtor [x] compensatory financing [x]
bankruptcy bankruptcy of legal entities company bankruptcy compensatory financing court creditor debtor definition ruling subordination of claims Supreme Court of the Russian Federation
 

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

... 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... ... bankruptcy legislation does not contain provisions according to which the affiliation of the debtor and the creditor is an independent basis for downgrading the claims of the latter... ... 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...

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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