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TWO COURT RULINGS HAVE BEEN REVOKED DUE TO POSSIBLE ABUSE OF RIGHT

An unexpected at first glance decision has been recently made by the Collegium of the Commercial Court of the North-Western District. The judges considered a case on challenging the decisions of the lower courts - the issue was related to the termination of insolvency proceedings due to the partial repayment of the debt by a third party. The initiator of the proceedings was the creditor, who was not satisfied with this state of affairs, since in such an action, he only saw an attempt to quickly...

Modified: 02.16.2021
district court , ruling , third party debt repayment , abuse of right , debtor , bankruptcy , court
Path: РусБанкрот - СМИ
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