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Supreme Court of the Russian Federation indicated mistakes when liquidating a creditor

... Supreme Court of the Russian Federation did not agree with this position. The application to remove the claim of liquidated creditor from the register was initiated by the bankruptcy trustee of the debtor, who considered that since the company did not ... ... appeal stated that since there was a concession of the demand, it could not be excluded from the register, but a procedural succession must have been carried out. However, the district court noted that neither the parties nor the court had any information about the creditor's successor, and the assignee himself ...

DISTRICT COURT FOUND NO VIOLATIONS IN THE INCREASED PRICE OF DEBT REDEMPTION

... price. At the same time, at the time of consideration of the application, it was already known that the debtor had no property, and the case was at the stage of bringing the persons controlling him to subsidiary liability. Having rejected the procedural succession, the courts suspected the failed creditor of obstructing the normal course of the bankruptcy case and bad faith. As for the district court, its board found no such circumstances, having indicated the right of both parties to conclude an assignment agreement and to transfer the right ...

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