One of the largest woodworking industries in the country located in the Krasnoyarsk region is undergoing a long bankruptcy procedure. When the client applied to our Company, the register of creditors ‘ claims was already closed.
We all understand that the inclusion of creditors ‘ claims in the register dooms creditors to years of waiting for amounts to be paid in an uncertain amount.
The cost of money is sometimes reduced faster than the achievement of full repayment of such debt. The specialists of our Company managed to» take out » the client’s claims to the zone for the register, to strengthen this mechanism in several courts of Russia (arbitration and court of General jurisdiction).
Now the bankrupt company must pay the amounts approved by the court in the course of its «work» from the first funds received by the arbitration manager.