October 5 Main results of the day

The Thirteenth Arbitration Court of Appeal, within the framework of the bankruptcy procedure of a limited liability company, canceled the ruling of the court of first instance on the refusal to satisfy the application of our Principal to recognize the transaction on payment of dividends by the Debtor to its general Director as invalid. Lawyers of the Bureau of Lawyers “De jure” managed to prove that dividends were paid by the Debtor to an affiliated person (general director) when the Company had signs of insolvency and insufficient funds, which were formed due to non-payment of mandatory payments to the budget and debts to counterparties. The Court of appeal issued a new judicial act on the satisfaction of the Principal’s claims in full. The interests of the Principal were represented by Viktor Pokormyak, Head of the practice of challenging dubious transactions of the Bureau of Lawyers “De jure”, lawyer, and Alexander Reznichenko, trainee lawyer.