Home Business Unsportsmanlike multi-argument // SC softens the practice in relation to arbitration managers

Unsportsmanlike multi-argument // SC softens the practice in relation to arbitration managers

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The Supreme Court of the Russian Federation (SC) in the framework of the bankruptcy case of Novaya Volna LLC explained that it is necessary to take a balanced approach to the issue of recovering damages from arbitration managers (AI). So, if the AC did not challenge any of the debtor’s transactions, it is necessary to assess in detail whether there were grounds for challenging them and whether the chances of their cancellation are high. Experts consider the decision positive for managers: it will allow them not to challenge all transactions in a row, but to approach this issue more consciously. .

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