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Supreme Court of the Russian Federation clarified what cannot be considered compensatory financing

... the consideration of the case in the Supreme Court of the Russian Federation. The disputed debt was formed as part of the debtor's first bankruptcy case. Then the creditor announced his intention to pay off all the debts of the company, which he subsequently ... ... the claims of the latter outside the framework of corporate obligations. One of the reasons for the lowering of claims due to compensatory financing is an attempt to hide the financial instability of the debtor from creditors, which cannot be done within ...

Modified: 04.05.2022
Supreme Court of the Russian Federation , definition , compensatory financing , subordination of claims , debtor , creditor , bankruptcy , bankruptcy of legal entities
Path: РусБанкрот - СМИ
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