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Supreme Court of Russia outlined the right of creditors to challenge the results of auction

... auction. The first-instance court upheld the claim and canceled the transaction. The court of appeal, however, found no violations, but the district court agreed with the court of first instance. When considering the case, the Economic Board of the Supreme Court of Russia noted that creditors had the right to challenge the results of the auction, but only if they affected their property interests. In the case under consideration, the price of the sold property was set according to its market value,...

Modified: 12.20.2021
Supreme Court of Russia , corporate bankruptcy , tender , creditor , contesting , bankruptcy
Path: РусБанкрот - СМИ

Supreme Court of Russia considered it unreasonable to involve a third-party organization in bidding

... which carried out the sale of the property of insolvent company, applied to the court with a claim for payment of remuneration due to it. The cases were combined into one procedure, the fate of which changed dramatically after being considered by the Supreme Court of Russia. Prior to that, all three instances unanimously supported the company holding the auction and satisfied its claims for payment of remuneration. Its size, by the way, was 63 million rubles. The position of the lower instances was ...

Modified: 11.19.2021
Supreme Court of Russia , ruling , tender , company bankruptcy , liquidator , debtor , creditor , bankruptcy
Path: РусБанкрот - СМИ

Bidding, legal representation and removal from the courtroom: the results of the year at the plenums of the RF Armed Forces

... many clarifications of judicial practice concerning completely different aspects of law in the past year: from collusion at tenders and malicious intent of a notary to the right of a judge to remove a participant in a trial from the courtroom and the ... ... participants, which can also be a sign of collusion. Legal representation in general jurisdiction appeal In the outgoing year, the Supreme Court of Russia touched upon the issue of appeal proceedings in courts of general jurisdiction. In particular, the board ...

Modified: 12.30.2021
Supreme Court of Russia , plenum , malicious intent , notary , appeal , cassation , court session , representation , court , tender
Path: РусБанкрот - СМИ
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