Pepeliaev Group’s lawyers have protected clients from secondary liability amounting to more than RUB 3 billion

The team of our Bankruptcy and Anti-Crisis Protection of Business Practice has successfully protected the interests of six clients (individuals and foreign companies) in a dispute concerning secondary liability amounting to more than RUB 3 billion. We succeeded in having the first level and the appellate courts set aside the claims in their entirety against five clients and reduce the amount of liability by more than 25 times for the former owner of the debtor.

This result has become possible owing to the comprehensive protection of the clients’ interests not only in this litigation, but also in many other separate disputes in a bankruptcy case of a large IT company.  In several court trials to challenge transactions, we succeeded in having settlement agreements concluded. Our meticulous analysis of the debtor's business activity and of how it was affected by the global economy, together with the legal position we had prepared, enabled us to preserve our clients’ assets and their business reputation.