Challenge

Collect the debt from liquidated company

The court had denied the claim of our Kazakhstan client against a debtor from Russia because the taxing authority had removed the debtor from the Unified Register of Legal Entities a week before the trial. We immediately informed our client that the situation was not an impasse, but dealing with judicial errors of the first stage of debt collection could take a long time.

Effort

  • We had defended in court that the taxing authority did not have legal grounds for compulsory liquidation of the debtor, and proved that the latter remained active up to the date.
  • Once the decision of the taxing authority was repealed, the arbitrage court reiterated and sought the debt.

Outcome

The client had managed to recover the debt without having to travel to Russia