Successfully protected a transaction for nearly RUB 85 million in the bankruptcy of a contracting party
In the bankruptcy case of a management company, the team of the Bankruptcy and Anti-Crisis Protection of Business Practice succeeded in having the ruling cancelled which had invalidated payments received by the client for services provided.
In the appellate court, we were able to dispose of all doubts concerning whether the services were real and to refute the conclusion of the first instance court that the services had been overpriced. As a result, the client was able to avoid nearly RUB 85 million being returned to the debtor’s bankruptcy estate.