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

The day before, the Economic Board of the Supreme Court of Russia considered the case on the complaint of the pledgee, who was dissatisfied with the deterioration of the condition of the pledged property transferred to him and could not subsequently sell it at the previously announced price. The courts of first and second instances upheld the applicant and the claim to recover damages from the pledgor in the form of the difference in ...

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