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THE SUPREME COURT WILL SORT OUT THE CONVERSION OF MONETARY CLAIMS OF AN EQUITY PARTICIPANT TO A BANKRUPT DEVELOPER

... object of unfinished construction (a multi-storey residential complex - 65% readiness) was satisfied, and to fulfill the obligations of the developer to the construction participants, whose requirements are included in the register of requirements of construction participants. After the transfer of the developer's rights to the LLC, the creditor filed the above application, which was refused by the courts of three instances. The complaint was submitted to the Judicial Board of the Supreme Court of the Russian Federation, which in its ruling drew attention to the arguments of the creditor that her will was directed to obtaining ownership of the apartment paid for under the terms of the contract. Referring to the provisions of the ...

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