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SUPREME COURT OF RUSSIA: WHAT ARE THE ACTIONS OF CREDITOR IN THE EVENT OF TERMINATION OF THE AGREEMENT WITH BANKRUPT

... for the car by including this claim in the register of creditors’ claims. Moreover, the judges considered that after receiving the car, the debtor's manager would be able to sell it and settle accounts with creditors, including the failed buyer of the car. However, this position was not supported by the Supreme Court of Russia. The Economic Board recalled that the termination of the agreement does not provoke the reverse transfer of ownership of the disputed item. This is possible only after restitution, when the buyer returns the goods and the seller ...

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