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THE VOLGA CASSATION HAS FIGURED OUT THE CORRECT APPLICATION OF RESTITUTION FOR A BANKRUPTCY TRANSACTION

... that the price of the disputed transaction is 26 times lower than the market value. The district court sent the dispute for a new appeal and noted that the amount indicated by the court of Appeal was eight times the amount paid by the defendant to the debtor, but three times less than the amount recognized as recoverable from the defendant.

Modified: 03.19.2024
bankrupt , bankruptcy , debt , court , restitution
Path: РусБанкрот - СМИ

FEATURES OF RESTITUTION IN CONTESTING LEASING TRANSACTIONS

... him as the lessee to repay the purchase price. The cassation sent the dispute for reconsideration regarding the application of restitution, pointing out the following: • Having ascertained the significant disparity of the counter-grants of the parties ... ... declared them invalid, applying the consequences of the invalidity of transactions in the form of collection of funds into the bankruptcy estate of the debtor in the amount of the difference between the estimated value of cars and the redemption value paid by the defendant. • ...

Modified: 05.14.2024
bankrupt , bankruptcy , debt , leasing , restitution , court
Path: РусБанкрот - СМИ
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