Individual
Our projects
- Branch of Law:
- Insolvency
- Protected assets:
- 1 320 000 000
We represented the client at the appeal stage. The plaintiff was represented by Freshfields Bruckhaus Deringer, an international law firm. As part of the defense strategy, we prepared an appeal and other procedural documents.
Core of the Case
The debt under the surety agreement in the amount of more than 17 million US dollars was subject to recovery from the client. Previously, he provided security for the amount of a loan to a large bank. In the court of first instance, it was decided to recover the debt in full.
Scope of Services
We accompanied the client at the appeal stage. The task was to develop a legal position to appeal the decision and prevent the client from bankruptcy.
Achievements, Results, Importance, Significance of the Project
We represented the interests of the client at the appeal stage. The plaintiff was represented by the international law firm Freshfields Bruckhaus Deringer. As part of the defense strategy, we have prepared an appeal and other procedural documents. As a result, the decision to collect the debt from the client was canceled, and the court of appeal proceeded to consider the case according to the rules of procedure in the court of first instance, establishing that the client’s rights were violated. The significance of the project for the client was that he was able to provide additional evidence and avoid his bankruptcy. Decisions to recover more than $17 million were canceled.
