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IS IT POSSIBLE TO HOLD A CREDITORS' MEETING IN SPITE OF INTERIM MEASURES

... of the creditors' meeting and the actions of the interim manager. The courts of two instances satisfied the requirements, justifying their decision by the fact that the interim manager held a meeting of creditors in spite of the ban imposed by the interim measures. The cassation overturned the appeal decision, refusing to challenge the actions of the manager, pointing out that, since the first creditors' meeting should be held no later than ten days before the end date of the supervision, the interim ...

Modified: 06.11.2024
bankrupt , bankruptcy , debt , court , interim measures , creditor
Path: РусБанкрот - СМИ

THE SUPREME COURT OF RUSSIA: INTERIM MEASURES CANNOT BE LIFTED BY ARGUMENT OF INCONVENIENCE

The participant of the debtor in the framework of the insolvency case of the latter applied to the court with a demand to terminate the interim measures imposed on the property of his company. The courts of three instances satisfied the claim, but the Supreme Court of Russia pointed out the incorrect application of legal norms. The participant of the debtor in the framework of the insolvency ...

Modified: 06.22.2021
arbitration court , Supreme Court of Russia , court , interim measures , company bankruptcy , debtor , creditor , bankruptcy
Path: РусБанкрот - СМИ

THE DISTRICT COURT IMPLIED INTERIM MEASURES TO BANKRUPTCY MANAGER

As part of the insolvency case of the debtor, one of his creditors filed an application for the implementation of interim measures against the manager. The requirement was to prohibit the crisis manager from settling with another creditor. At the same time, the moment of suspension was determined - until the court considered a dispute related to the case, in which ...

Modified: 02.17.2021
district court , ruling , interim measures , bankruptcy manager , prohibition of settlement with a creditor , bankruptcy
Path: РусБанкрот - СМИ
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