Protection of the trustor from subsidiary liability in a bankruptcy case
#Dispute resolution

Protection of the trustor from subsidiary liability in a bankruptcy case

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Mark Waskowski
Counsel

Protection of the trustor from subsidiary liability in a bankruptcy case

Defense of a businessman who had issued a loan guarantee to another company against a creditors' claim for subsidiary liability for 270 million rubles in a bankruptcy case. The lawyers conducted a comprehensive analysis of the company's activities for 6 years preceding the bankruptcy and proved that the Principal's transactions could not have caused the bankruptcy, the Principal did not control the company, as the issuance of a guarantee does not indicate the existence of corporate powers.

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