The amount of subsidiary liability of the debtors’ ex-CEO is determined

ГлавнаяNewsThe amount of subsidiary liability of the debtors’ ex-CEO is determined

Moscow Arbitration court agreed with the position of YUKO lawyers and determined the  sum of subsidiary liability of the Debtors’ ex-CEO in the amount of more than 334,8 MLN.RUB.The ex-CEO issued interest-free loans to employees, used the company’s funds for payments under his own sales contracts, made purchases from affiliated companies, and did not transfer documents to the bankruptcy trustee. Also, as a result of the actions of the Debtors’ ex-CEO, the collateral property of two systemic creditors was lost, this was was an additional reason for bringing the ex-CEO to subsidiary liability.

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