Search

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

... and sale agreement, the ownership of the car passed back to the debtor. The lender exercised his right to receive money 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 ...

Sorted by relevance | Sort by date