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The court canceled amicable agreement due to the provisions on subsidy liability

... one of the creditors, who expressed dissatisfaction with the terms of the amicable agreement concluded with the debtor. The document was signed by two majority creditors and contained, among other things, a refusal to bring the controlling debtor to subsidiary liability. The court of first instance was not confused by such a state of affairs, and it claimed that the document contained no violations of law. The parties that signed the agreement were two creditors holding 96% of the claims, as well ...

Modified: 09.30.2021
court , amicable agreement , company bankruptcy , ruling , subsidiary liability , bankruptcy
Path: РусБанкрот - СМИ
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