In a bankruptcy case of a major tour operator, the Firm’s experts managed to prove presence of grounds to hold the former CEO liable for the company’s debts - the CEO did not hand over any documents on the company’s activities to the bankruptcy trustee, which prevented the bankruptcy estate from being formed in time and in full.
During the case examination, the Firm’s associates managed to ensure proper notification of the CEO, who was under house arrest when the case commenced and was subsequently released due to an amnesty. As a result, the Firm’s associates proved that the director’s being under house arrest did not constitute a circumstance that justified non-delivery of documents to the bankruptcy trustee.
Team members:
Ilya Ischuk