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Supreme Court of Russia resolved the issue of downgrading the claims of an affiliated creditor

... of creditors’ claims. It was formed as a result of the invalidation of the transfer of funds by the creditor in favor of the debtor with the recognition of the operation as compensatory financing. The court of first instance, taking into account the affiliation of parties and their subordination to one beneficiary, satisfied the claim, included the debt in the register, having subordinated it. However, this position did not survive further challenge of the judicial act. The appeal and the district ...

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