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THE SUPREME COURT OF RUSSIA ALLOWED TERMINATION OF LEASE AGREEMENT OUT OF BANKRUPTCY CASE

... Forestry Committee of the Government of the Khabarovsk Territory acted as the lessor. The agreement was concluded prior to the initiation of the lessee's insolvency proceedings and was successfully executed by the parties. However, later, after the debtor had been declared bankrupt, the lessor filed a separate claim with the court, demanding the termination of the previously concluded agreement. The reason was the failure of the tenant to fulfill his obligations. Leaving the claim without consideration,...

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