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THE SUPREME COURT OF RUSSIA ADMITTED OFFSETTING OF CLAIMS UNDER INDEPENDENT CONTRACTOR AGREEMENT IN BANKRUPTCY

The Economic Board of the Supreme Court of the Russian Federation considered the case at the request of a bankruptcy trustee. He demanded that the transaction must be invalidated by offsetting similar claims, and the parties to the agreement were the contractor (bankrupt company) and the customer. The courts of three instances sided with the applicant, but the Supreme Court of Russia rejected his claim him. The essence of the dispute arose as a result of the parties' performance of a contract...

Modified: 05.21.2021
bankruptcy of a company , bankruptcy of a contractor , arbitration court , Supreme Court , determination , offset of claims , challenging the transaction , debtor , creditor , bankruptcy
Path: РусБанкрот - СМИ
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