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BANKRUPTCY OF A CAPTAIN: THE COURT HAS CLARIFIED WHAT TO DO IF THE SHIP ‘HAS SUNK’ AND THE CAPTAIN IS GUILTY

In the framework of the case of bankruptcy of the ship's captain, the courts considered the issue of releasing him from further performance of obligations. The captain was released by the first two instances, but obliged to pay the debt for compensation for damage of the ship that had fallen into disrepair. However, the District Court did not agree with this conclusion. The debt was formed to the company that owned the ship, and the captain was found guilty of its disrepair. The debt amounted to...

Modified: 09.01.2021
bankruptcy , bankruptcy of a citizen , arbitration court , district court , court order , release from obligations , sale of the debtor's property , creditor
Path: РусБанкрот - СМИ

DISTRICT COURT POINTED OUT THE RIGHT OF CREDITORS TO ELECT A TRUSTEE

The Arbitration Court of the North-Western District considered the complaint of one of the creditors. The applicant expressed dissatisfaction with the fact that the lower courts independently chose the trustee, having deprived the creditors of their legal ...

Modified: 05.28.2021
arbitration court , court order , district court , bankruptcy trustee , appointment , meeting of creditors , bankruptcy
Path: РусБанкрот - СМИ
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