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Supreme Court of Russia resolved the issue of lease payments in bankruptcy

... payments in favor of which were canceled by the lower courts at the request of the debtor’s manager. The judges considered the existence of such transfers on the eve and during the bankruptcy period as a preference for one debtor over others, but the Supreme Court of Russia came to a different conclusion. The manager filed an application challenging the payments to the leasing company. The courts of three instances agreed with the applicant and satisfied the claim. Then the company, which received ...

Modified: 10.15.2021
Supreme Court of Russia , definition , leasing , debtor , creditor , lease payment , challenging , manager , company bankruptcy , bankruptcy
Path: РусБанкрот - СМИ

Supreme Court of Russia terminated an attempt to re-impose secondary liability on the head of debtor

The claim to attract the person controlling debtor to the subsidiary liability was referred to the Economic Board of the Supreme Court of Russia at the request of the manager. The court of first instance terminated the proceedings, but the appeal and the district court sent the case for reconsideration, with which the Supreme Court of Russia did not agree with such a decision....

Modified: 09.03.2021
Supreme Court of Russia , definition , subsidiary liability , identity , company bankruptcy , debtor , creditor , bankruptcy
Path: РусБанкрот - СМИ
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