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The court named the reasons for the decrease in bankruptcy trustee’s remuneration

... creditor, from whom the lower courts recovered the bankruptcy trustee’s remuneration. The applicant disagreed with this state of affairs and challenged the decisions, which the district considered premature. The question concerned a bankruptcy case of a debtor, in the course of which the trustee first asked the court to discontinue the proceedings, citing insufficient funds, and then demanded that the applicant in the bankruptcy process pay remuneration for the work done in his favor. When considering ...

Modified: 10.25.2021
bankruptcy commissioner , remuneration , court , company bankruptcy , debtor , creditor , bankruptcy
Path: РусБанкрот - СМИ

Supreme Court of Russia resolved the issue of remuneration between bankruptcy trustees

... case on the complaint of a trustee, whose claim was rejected by the lower courts, which cited the expiration of the statute of limitations. The trustee wanted to receive a portion of the remuneration that he believed was due to him as a part of the debtor's bankruptcy case. The applicant had worked as a bankruptcy trustee for eight months, after which he was replaced by another person. Then, in the course of the insolvency procedure, the pledged property was sold, and the second trustee received ...

Modified: 09.22.2021
Supreme Court of Russia , debtor , bankruptcy , court ruling , bankruptcy commissioner , remuneration , statute of limits
Path: РусБанкрот - СМИ

Supreme Court of Russia sided with the creditor in a situation of insufficient evidence

The highest court of Russia considered the complaint of one of the debtor's creditors, whose claim to be included in the register of creditors’ claims was rejected by the lower courts. The reason for this was the lack of the documents, confirming the debt and submitted by the applicant. However, the Supreme Court of ...

Modified: 09.15.2021
Supreme Court of Russia , definition , bankruptcy commissioner , debtor , creditor
Path: РусБанкрот - СМИ
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