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THE DISTRICT COURT DID NOT RECOGNIZE THE FAULT OF BANKRUPTCY TRUSTEE IN THE INSUFFICIENCY OF BANKRUPTCY ESTATE

The Commercial Court of the North-Western District considered the case on recovering losses from the bankruptcy trustee. The claim was filed by one of the creditors, referring to the fact that the trustee did not challenge the ... ... dispute, the opinions of the judges were different: the first and the second instances took the side of the applicant, but the district court supported the trustee. His arguments were that the applicant had not proved the fact of receiving funds from the ...

MADE HASTE AND LOST MILLIONS OF RUBLES: DISTRICT COURT RECOVERED DAMAGES FROM BANKRUPTCY TRUSTEE

The Arbitration Court of the North-Western District considered an interesting case on recovering losses from the bankruptcy trustee in the framework of the debtor's insolvency case. The initiator of the process was the tax authority, and the basis for such measures was the premature settlement of the anti-crisis manager on behalf of the debtor. The district court considered the manager's actions premature and recovered damages from him. Initially, the dispute began with the fact that the bankruptcy trustee applied to the court with a statement to invalidate the transaction to transfer funds as ...

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