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Supreme Court of Russia: what to do in the event of buying a car from a debtor

... individuals signed an agreement for the sale of car. After the transfer of money and the vehicle, the buyer discovered significant defects of the purchased item and terminated the agreement through the court. Thus, the parties faced the obligation to restitution. Subsequently, the seller applied to the court with a bankruptcy bankruptcy petition, and the buyer was included in the register of claims, but the bankruptcy trustee filed an application to compel the creditor to transfer the vehicle to the bankruptcy estate. He believed that by including a demand for the return of the amount paid for the goods in the register of creditors’ claims, the creditor exercised his right to restitution and was obliged to fulfill the conditions for the return. The ...

Modified: 02.22.2022
Supreme Court of Russia , review , bankruptcy of individual , sale and purchase , restitution , bankruptcy estate , bankruptcy
Path: РусБанкрот - СМИ
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