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THE SUPREME COURT HAS SET THE TIME FOR THE PAYMENT OF TAXES BY THE COLLATERAL CREDITOR

... determination of the point of time after which taxes should begin to be calculated continues to cause controversy in the courts. In practice, the problem of determining the procedure for such a payment remains no less pressing. As a rule, in the event of bankruptcy, the collateral creditor expects to receive up to 70-80% of the value of the alienated property that was the subject of the pledge. But even before paying off the creditor, there is an obligation to cover the expenses that were allocated to ensure the safety ...

Modified: 06.19.2024
bankrupt , bankruptcy , court , taxes , collateral creditor , Supreme court
Path: РусБанкрот - СМИ

THE FATE OF COLLATERAL IS DETERMINED BY COURT, BUT NOT BY CREDITORS

The Commercial Court of the Far Eastern District has recently considered a case on the complaint of the crisis manager. In the course of the bankruptcy of the debtor, a disagreement arose between him and the collateral creditor about the method of safekeeping the pledged property. The crisis manager tried to resolve the contradiction in court. Initially, the manager offered to conclude an agreement to ensure the safety of the pledged property. At the same ...

Modified: 02.11.2021
court , ruling , collateral creditor , safekeeping agreement , bankruptcy
Path: РусБанкрот - СМИ
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