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Supreme Court of Russia clarified when the claims of a creditor cannot be included in the register of claims

... position of the group of companies in the subsequent bankruptcy of the sinking company. The court of appeal and the district court disagreed with such a conclusion, stating that at the time the purchases were made, the debtor's position was stable and the cession protected the debtor's main asset - a real estate object. However, the Supreme Court of the Russian Federation supported the opinion of the court of first instance, pointing out that in a situation of affiliation of companies, as well as the use of joint funds not for the purpose of repaying debts, but for purchasing the ...

Modified: 05.12.2022
Supreme Court of the Russian Federation , definition , cession , RTK , register of creditors' claims , affiliated person
Path: РусБанкрот - СМИ
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