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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 right. The district court, in turn, sided with the appealer, having considered the conclusions of colleagues to be incorrect. At first, the situation developed according to a completely standard scenario: in the process of considering the debtor's insolvency petition,...

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

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

... 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 53 million rubles and was based on the verdict, which confirmed the guilt ...

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
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