In one of the separate disputes the arbitration manager recovered damages from the former general directors of the debtor company. The losses were determined by the court in the amount of more than 122.7 million rubles. As the court clarified: debtors’ controlling persons did not provide the temporary and bankruptcy trustees with documents confirming the existence of receivables, which did not allow work to be collected and sold. The arguments of the Defendants about the lack of necessary documents, the suspension of economic activity, the nominal nature of their appointment were rejected by the court. The Court of Appeal upheld the decision.
YUKO lawyers represented the interests of the bank...Read more
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