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Supreme Court of Russia ordered to check what will be left to a retiree after the debt recovery

The Supreme Court of the Russian Federation considered the complaint of a retiree from Krasnoyarsk, who did not have enough money to live on after a monthly settlement with creditors. The amount of the debt was about 500 thousand rubles, and the debtor himself was a retiree and a disabled person. When considering the case, the Supreme Court of Russia pointed out the importance of examining the circumstances and sources of income of the debtor separately in each case. This must be done in order to maintain a balance of interests between the pensioner and his creditors. The situation ...

The Supreme Court of Russia canceled the conclusion of amicable agreement due to the negligence of judges

The Economic Board of the Supreme Court of Russia considered the case on the complaint of the creditor (bank), which challenged the conclusion of an amicable agreement in the proceedings related to the insolvency case. The lower courts did not see any violations of the applicant's rights, but the Supreme Court sided with the bank. The dispute arose against the background of the bankruptcy of an individual. The debtor citizen was a member of the company with 100% of the shares, which was sold by him to a third party. The bankruptcy trustee ...

THE SUPREME COURT OF RUSSIA CLARIFIED THE LIMITS OF MORATORIUM ON INITIATION OF BANKRUPTCY PROCEEDINGS

... first instance accepted the application and initiated bankruptcy proceedings. However, in subsequent challenges of the claim in the appeal and district courts, the position was found to be incorrect, and the submitted application was returned to the creditor. The reason was the action of the moratorium on bankruptcy in relation to the debtor. The Supreme Court found no reason for the application of the moratorium, having indicated that it was impossible in the case under consideration. The debtor company, in support of its position, referred to the presence of retail trade among the additional ...

THE SUPREME COURT OF RUSSIA: TERMINATION OF BANKRUPTCY CASE IS NOT A GROUND FOR A DENIAL OF A WRIT OF EXECUTION ISSUANCE

The Economic Board of the Supreme Court of Russia considered the claim of the debtor's creditor to issue him a writ of execution on the basis of a ruling on the inclusion of debt in the register of creditors’ claims. The claim was filed after the termination of the insolvency proceedings due to insufficient funds to carry out the procedure....

THE SUPREME COURT OF RUSSIA ADMITTED OFFSETTING OF CLAIMS UNDER INDEPENDENT CONTRACTOR AGREEMENT IN BANKRUPTCY

... agreement were the contractor (bankrupt company) and the customer. The courts of three instances sided with the applicant, but the Supreme Court of Russia rejected his claim him. The essence of the dispute arose as a result of the parties' performance of a contract, under which the debtor undertook to perform a certain amount of contract work. Under the terms of the agreement, the customer paid the contractor ... ... fact that at the time of receipt of the notification of the offset of claims, the contractor already had other obligations to creditors, the claims of which were subsequently included in the register of creditors’ claims and have not been satisfied so ...

THE COURT ASSESSED THE POSSIBILITY FOR THE DEBTOR’S DEPOSIT CONTESTATION

... invalidation of the assignment agreement, under the conditions of which the assignor (bank) received a deposit from the assignee (debtor), was submitted to the highest court for consideration. The initiator of the proceedings was the manager, whose position ... ... inequality. The deposit legally remained with the assignor, since the assignee had violated the terms of the contract. Thus, the Supreme Court of the Russian Federation declared the argument that there was no counter-provision under the contract and the fact ...

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