Search

THE COURTS HURRIED TO BRING THE HEAD OF DEBTOR TO SUBSIDIARY LIABILITY AND MADE A MISTAKE

... transactions and failure to file a bankruptcy petition in a situation where there was a debt to one of the creditors. The judges of the first and appeal instances considered the circumstances listed by the trustee to be proven and brought the former head of debtor to justice, but the district court indicated that the conclusions were premature. It was noted by the cassation that the argument about the untimely transfer of documentation requires verification, since on the basis of these documents the trustee challenged a number of transactions, and additional funds were transferred to the bankruptcy estate. Regarding ...

THE COURT REJECTED LEGAL SUCCESSION AFTER SATISFYING ALL THE CREDITORS’ CLAIMS

... a third party in connection with the satisfaction of all the register claims to the debtor's creditors. However, the creditors did not agree with this state of affairs... ... acts of the courts of the first instance and appeal. When reconsidering the case, the district court took the side of the creditors, recalling that in such a situation, other... ... legal consequences arise, for example, the termination of the bankruptcy case. The cassation instance indicated that the substitution in bankruptcy can only be possible...

Sorted by relevance | Sort by date