Search

YOU CANNOT SELL A CLAIM FOR THE RECOVERY OF A SUBSIDY AND REMAIN A CREDITOR

... obligations of the borrower, and the bank disposed of its claim by selling it to a citizen. The guarantor was also declared bankrupt, and the citizen's claims were included in the register. The Bank, believing that the assignment of the claim to hold ... ... are justified and should be included in the register. The Supreme Court referred the complaints of the debtor's manager and creditors to the board for consideration, reflecting in its ruling the argument that the obligations of the guarantor from the guarantee and subsidiary liability are solidary. Thus, after the sale of subsidiary liability rights to a citizen, security rights under surety ...

Sorted by relevance | Sort by date