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

... issue of the anti-crisis manager's report on his financial activities and approval of the cost estimate. In their opinion, the bankruptcy trustee was abusing his right, and the lack of a current estimate of expenses impeded the control over the funds spending.... ... 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 ...

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