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SOMETIMES THE MANAGER MAY RESPOND WITH LOSSES TO THE CONTROLLING PERSON

The former head of the debtor appealed to the court against the actions of the manager and demanded his removal (case no. A20-3218/18). The court of first instance refused to satisfy the claims, recognizing them as unfounded. The court of appeal, having considered the clarified requirements (on recovery of losses, the obligation to re-inventory, redistribution of proceeds from auctions and contesting auctions) according to the rules of the first instance, concluded that the application was refused...

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