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District court allowed control of creditors over the debtor's expenses

... decision was canceled by the court of appeal, which indicated that the number of creditors' votes was insufficient. The judicial board designated the right to apply to court and to the bankruptcy trustee to resolve the disagreements that had arisen. The district court, in turn, noted that the spending of the debtor's funds should not be random. At the same time, earlier, the courts had already established the fact of violation of the procedure for approving the estimate of current costs. In the circumstances ...

Modified: 10.22.2021
district court , determination , creditors' meeting , cost estimate , receiver , debtor , corporate bankruptcy , bankruptcy
Path: РусБанкрот - СМИ
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