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THE SUPREME COURT HAS UPDATED THE EXPLANATIONS ON THE PAYMENT OF STATE DUTIES

... They started operating in 2024. The amount of a significant number of fees has been increased 10 times. In particular, the amount of state duties has increased when citizens apply for insolvency. Lawsuits that are considered within the framework of bankruptcy will also require payment of part of the standard fee. The Supreme Court of the Russian Federation has also declared obsolete some paragraphs in the rulings of the Supreme Arbitration Court of the Russian Federation, which were in force since the 1990s and 2000s. For example, paragraph 4 of paragraph 19 and paragraph 6 of paragraph 25 of the Resolution of the Plenum of the Supreme Arbitration Court of December 23, 2010 No. 63, which ...

ANOTHER FORMER TOP MANAGER OF THE SOVETSKY BANK WAS DECLARED BANKRUPT

... sale. The ex-banker's debt is 919 million rubles. Another top manager of the bankrupt bank, Lyudmila Dyachuk, was declared bankrupt by the court on February 27, 2024. The arbitration introduced a procedure for the sale of its debt in the amount of more than 748 million ... ... managers of the credit institution tried to appeal the sanction of the Central Bank of the Russian Federation, reaching the Supreme Court. Izyumov was among other representatives of the management, from whom the court jointly recovered 919 million rubles ...

A REQUIREMENT NOT PROVIDED BY LAW DOES NOT EXCLUDE ITS SATISFACTION BY THE COURT

As part of the bankruptcy case (No. А43-27511/14), an application was filed to declare the ruling of the arbitration court unenforceable. Earlier, the court invalidated the transaction for the transfer of bills between the debtor and the applicant.... ... agree with him, which indicated that such requirements were not provided for by law and refused to satisfy the application. The Supreme Court of the Russian Federation referred the cassation appeal to the judicial board, noting that the repayment of a debt ...

BANKRUPTCY OF A SPOUSE ON THE BASIS OF A COMMON DEBT: IS IT POSSIBLE?

... made by the court of general jurisdiction. In connection with the recognition of the debt by the general creditor, she appealed to the court with an application for the recognition of the spouse as bankrupt, following the consideration of which the courts of three instances introduced bankruptcy proceedings. The debtor, in her cassation complaint to the Supreme Court of the Russian Federation, pointed out that the recognition of the debt as common only gives rise to the creditor's right to file a claim for foreclosure on the marital share, but does not allow the spouse to go bankrupt. Photo: Freepik

THE MANAGER WILL NOT BE RESPONSIBLE FOR THE LOSS OF ILLIQUID ACCOUNTS RECEIVABLE

... based on the lack of evidence of a causal relationship between the inaction of the manager and the occurrence of losses on the debtor's side. The court found that at the time the courts made decisions on debt collection from debtors, the latter were in bankruptcy proceedings, and therefore receiving funds from them to repay the existing debt seemed unlikely. The district court upheld the ruling of the first instance, agreeing with its conclusions. The Supreme Court of the Russian Federation referred the complaint of the manager to the board for consideration and drew attention to the arguments about the correctness of the conclusion of the court of appeal on the lack of proof of the set of conditions ...

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