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District Court indicated when the director’s subsidiary liability may be reduced

The Arbitration Court of the Ural District considered the case on the complaint of the former head of the debtor, whose claim to reconsider the judicial act due to newly discovered circumstances was rejected by the lower courts. The applicant had previously been brought to subsidiary liability and asked to take into account the fact of the sale of the revealed property of the debtor, which could have affected the amount of claims against him. Refusing to satisfy the application, the court of first instance indicated that ...

Modified: 10.26.2021
district court , subsidiary liability , company bankruptcy , bankruptcy , court
Path: РусБанкрот - СМИ

The court canceled amicable agreement due to the provisions on subsidy liability

The Arbitration Court of the North Caucasian District considered the case on the complaint of one of the creditors, who expressed dissatisfaction ... ... document was signed by two majority creditors and contained, among other things, a refusal to bring the controlling debtor to subsidiary liability. The court of first instance was not confused by such a state of affairs, and it claimed that the document ...

Modified: 09.30.2021
court , amicable agreement , company bankruptcy , ruling , subsidiary liability , bankruptcy
Path: РусБанкрот - СМИ
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