CASE / SUBSIDIARY LIABILITY
Subsidiary liability claim refused in the AO E. insolvency
The bankruptcy trustee applied to hold three of our clients subsidiarily liable. We obtained an order splitting the claims into separate proceedings and prepared an individual position for each. The Arbitrazh Court of the City of Moscow refused the trustee's application in respect of two of them; work for the third continues.
- Headline figure
- 2 of 3 clients released from the claims
- Practice
- Subsidiary liability
- Year
- 2024
The task
Mr Z., Mr Z. and Ms D. approached the lawyers of Kovalev & Partners LLC after learning that, within the insolvency of AO E., the bankruptcy trustee had applied to hold them subsidiarily liable.
What we did
- Reviewed the insolvency file and analysed the trustee's case.
- Developed a defence strategy and prepared reasoned defences to the application — separately for each client.
- Obtained an order splitting the applications into separate proceedings, which accelerated the hearing.
- Continue to act for Ms D. in the proceedings to hold her subsidiarily liable.
The result
The Arbitrazh Court of the City of Moscow refused the bankruptcy trustee's application to hold Mr Z. and Mr Z. subsidiarily liable for the debts of AO E. Case No. А40-25957/20-106-35. The amount claimed is not stated in the published source.
This description reflects the result in a particular matter on particular facts. A result in one case neither guarantees nor implies a similar result in another.
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