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THE SUPREME COURT OF RUSSIA DID NOT ALLOW THE WITHDRAWAL OF THE DEBTOR'S ASSETS IN BANKRUPTCY

... recently considered a case challenging a chain of transactions that led to the withdrawal of the only liquid property of the debtor. At the same time, the courts of the lower instances rejected the claims, haven’t found the interest of the parties or ... ... estate was still different from the market price, the Supreme Court of Russia canceled the decisions made by the lower courts (ruling in case No. 308-ES18-14832 (3.4) of December 28, 2020).

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