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Supreme Court of Russia resolved the issue of downgrading the claims of an affiliated creditor

... Court of Russia put an end to the matter with the polarity of positions of the courts. As part of the debtor's insolvency, the bankruptcy trustee of the creditor filed a claim to include the restorative debt in the register of creditors’ claims. It was ... ... debtor with the recognition of the operation as compensatory financing. The court of first instance, taking into account the affiliation of parties and their subordination to one beneficiary, satisfied the claim, included the debt in the register, having ...

Modified: 04.06.2022
Supreme Court of the Russian Federation , definition , subordination of claims , affiliation , debtor , creditor , bankruptcy
Path: РусБанкрот - СМИ
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