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Supreme Court of Russia outlined who has the right to initiate simplified bankruptcy procedures

... peculiarities of legal relations. We are talking about an assignment agreement, under which the previous creditor of a citizen (a bank) sold the debt to him to another company. This company, due to the citizen's default on the loan, turned to the latter with ... ... without additional prolongation of the debt, then the buyer of this debt (the assignee), had the same rights. As a result, the decisions of the lower instances were canceled, and the dispute was sent for reconsideration to work on the errors ( decision ...

Modified: 03.23.2022
Supreme Court of Russia , decision , cession , bankruptcy , bankruptcy of a citizen , bank , assignor , assignee
Path: РусБанкрот - СМИ

Supreme Court of Russia considered the case of the ‘protective’ tariffs of bank

..., who pointed out that the grounds according which the money transfers were made were different. The total amount, which the bank took the commission from, consisted of several parts, and each of them was less than 600 thousand and was based on a separate ... ... agreement. This argument was not taken into consideration by the lower instances and actually was ignored. As a result, the Supreme Court of Russia canceled the decrees issued by the lower instances and sent the dispute for reconsideration ( decision № 304-ES21-14940 of December 7, 2021 in case No. A45-20530 / 2020).

Modified: 12.09.2021
Supreme Court of Russia , decision , commission , bank , barrage tariff
Path: РусБанкрот - СМИ
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