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The Supreme Court of Russia considered the issue of the distribution of moratorium interest

... the debtor's creditors have been satisfied, provided that the funds were sufficient for this. However, The District Court did not agree with colleagues. Its board established a separate procedure, which included the bank's preemptive right to receive moratorium interest through the sale of the debtor's collateral. Considering the circumstances of the case, the highest court considered the position of the district court to be erroneous, noting that the legal nature of the moratorium interest did not allow them to be satisfied until the calculation ...

Modified: 10.14.2021
Supreme court of Russia , court ruling , moratorium interest , debtor , creditor , bankruptcy of an individual , bankruptcy of a citizen , bankruptcy
Path: РусБанкрот - СМИ
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