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THE SUPREME COURT RESOLVED THE DISPUTE ABOUT THE WRIT OF EXECUTION IN THE CASE INVOLVING VTB

The courts refused to issue a writ of execution necessary for the return of property to the bankruptcy estate to the financial manager of a bankrupt citizen. The Supreme Court checked the decisions of the lower instances and adopted a new one, obliging the Moscow Arbitration Court ...

THE SUPREME COURT OF RUSSIA: TERMINATION OF BANKRUPTCY CASE IS NOT A GROUND FOR A DENIAL OF A WRIT OF EXECUTION ISSUANCE

The Economic Board of the Supreme Court of Russia considered the claim of the debtor's creditor to issue him a writ of execution on the basis of a ruling on the inclusion of debt in the register of creditors’ claims. The claim was filed after the termination of the insolvency proceedings due to insufficient funds to carry out the procedure. The judges of three ...

ARBITRATION FEE - CURRENT REQUIREMENT

The applicant appealed to the court with a request to issue a writ of execution for the enforcement of the arbitral tribunal's decision. Leaving the application without consideration, the court of first instance proceeded from the existence of bankruptcy proceedings initiated against the interested person. The ...

Russia may introduce a ban on withdrawing money abroad

... A similar scheme was spread ten years ago, when Russia lost about $20 billion in three years. The funds were withdrawn to the accounts of a company from Moldova, in favor of which court decisions on the existing debts on loans were made. It was the writ of execution that served as the basis for transferring funds abroad.

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