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Supreme Court of Russia indicated what should not be done when changing a bankruptcy trustee

... rights of the parties and deprived them of any opportunity to influence the outcome of the case. After that, the issue had been considered by the court of appeal and the district court, and the new trustee appointed by the court repeatedly appointed a meeting of creditors and cancelled later. As a result, by the time the complaint was considered in the district court, the meeting had not taken place, and the panel of judges made the creditors guilty of this. The Supreme Court of the Russian Federation did not agree with this formulation of the issue. The Economic Board pointed out that the responsibility for not holding the meeting should not be shifted to bona fide creditors who ...

Modified: 03.31.2022
Supreme Court of the Russian Federation , meeting of creditors , manager , determination , bankruptcy , debtor , creditor , court
Path: РусБанкрот - СМИ
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