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THE SUPREME COURT COMPARED CHALLENGING OF TRANSACTIONS WITH CREDITORS WITH A CLASS ACTION LAWSUIT

The Board of the Supreme Court considered the case on the termination of proceedings at the request of one of the debtor's creditors. He first initiated a dispute to invalidate the transaction with the participation of the bankrupt company, but subsequently resigned ...

Modified: 04.16.2021
The Supreme Court , challenging the transaction , bankruptcy , waiver of claims , creditor , class action
Path: РусБанкрот - СМИ

CAN A SPOUSE LIQUIDATE A DEBT OF A BANKRUPT?

When considering a case on challenging the repayment of the common debt of the spouses by the debtor's wife, the courts could not come to a common opinion, and the manager insisted on recognizing the transaction as invalid. But the Supreme Court put an end to the issue, having explained its position quite simply. Initially, the debt arose from a loan agreement in which the spouses acted as co-borrowers, and their apartment was pledged to the bank. Subsequently, the husband ...

Modified: 04.15.2021
The Supreme Court , challenging the transaction , spouse , debtor , debt repayment , priority satisfaction , bankruptcy
Path: РусБанкрот - СМИ
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