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Supreme Court of Russia indicated criteria for challenging the debtor's transaction

The highest court of Russia considered the case on the complaint of a buyer of the debtor's property, whom the district court suspected of being aware of the illegality of the transaction. At the same time, two lower instances did not see malicious intent in the applicant's actions, considering him a bona fide buyer. The Supreme Court put an end to the case. A year before the initiation of insolvency proceedings and two years before the company was declared bankrupt and bankruptcy proceedings...

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