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THE SUPREME COURT OF RUSSIA CLARIFIED THE SPECIFICS OF RECOVERY OF DAMAGES IN CASE OF PLEDGE

... overturned these orders, having rejected the claim of the applicant. The pledgee tried to challenge the issued judicial act in the Supreme Court of the Russian Federation, which concluded that damages would be collected from the pledger. The arguments of the ... ... stated in the contract. At the same time, the district court considered that after the transfer of the pledged items to the pledgee, the agreement concluded between the parties was terminated. Consequently, the defendant did not have to pay any losses associated with the reduced value of the transferred property. However, the applicant continued to challenge this decision,...

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