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Supreme court of Russia canceled judicial acts due to legal uncertainty

The Economic Board considered the case of bringing the chairman of directors and chief accountant of the debtor-bank to subsidiary liability. The applicant's position was based on the fact that the mentioned persons had issued loans ... ... knowingly irrecoverable. The court of first instance satisfied the claim, but the appeal and the district rejected it. The The Supreme court of Russia put an end to the situation. The question concerned the bankruptcy of a credit organization, whose leaders,...

Modified: 09.24.2021
Supreme court of Russia , subsidiary liability , company bankruptcy , debtor , unsecured loan , bankruptcy
Path: РусБанкрот - СМИ

Supreme Court of Russia refused to attract the director to the subsidiary liability due to the confusion with timing

Supreme Court of Russia considered the case on the complaint of the former director and participant of the debtor on bringing him to the subsidy. The corresponding claim was filed by the manager, who indicated the director’s inaction, which was expressed in the failure to file a bankruptcy petition. The court of first instance dismissed the claim, the appeal ...

Modified: 09.21.2021
Supreme court of Russia , debtor , bankruptcy , court ruling , subsidiary liability , company bankruptcy
Path: РусБанкрот - СМИ
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