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THE DISTRICT COURT REJECTED AN ACTION FOR RECOVERY OF DAMAGES FROM THE DEBTOR’S DIRECTOR

The district court has recently considered a case on bringing the director of the debtor company to responsibility in the form of recovering damages from him. The court of first instance and the court of appeal upheld the application, but the district court did not find sufficient evidence for that. The dispute arose around a contract for the supply of nitrate with 100% advance payment ...

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