Search

A SPECIAL ACCOUNT IS NOT A PANACEA. THE SUPREME COURT ALLOWED TO WITHDRAW FUNDS RECEIVED UNDER STATE CONTRACTS FROM BANKRUPTS

... funds stored in this account from the creditors' claims. Recall that the determination of the judicial board, where this position was first expressed, was made as part of the consideration of a dispute on the invalidation of payments made under a state contract using a special bank account. The courts of three instances refused to satisfy the claim, because, in the opinion of the courts, the special account regime provided for the receipt of money from the municipal customer with the intended ...

A SPECIAL ACCOUNT IS NOT A PANACEA. THE SUPREME COURT ALLOWED TO WITHDRAW FUNDS RECEIVED UNDER STATE CONTRACTS FROM BANKRUPTS

... funds stored in this account from the creditors' claims. Recall that the determination of the judicial board, where this position was first expressed, was made as part of the consideration of a dispute on the invalidation of payments made under a state contract using a special bank account. The courts of three instances refused to satisfy the claim, because, in the opinion of the courts, the special account regime provided for the receipt of money from the municipal customer with the intended ...

THE COURT FOUND THE PUNITIVE CONDITIONS OF THE BANK GUARANTEE LAWFUL

A state contract was concluded between the principal and the beneficiary to ensure the fulfillment of obligations, under which a bank guarantee was provided by the bank. The terms of the guarantee provided for the payment of remuneration by the principal,...

Sorted by relevance | Sort by date