Review of the practice of application of bankruptcy legislation by the Supreme Court of the Russian Federation for July 2022

Of the greatest interest are the legal positions set out in paragraph 1 of the Review (on the need to take into account real damage when determining the ratio of the value of an object under construction and the size of the claims of shareholders), and in paragraph 5 of the Review (on the possibility of reducing the contractual penalty calculated based on the price of the entire contract, and not the price of overdue works, when considering the creditor's claim about inclusion in the register).

You can read the Review below:

PDF file