ALRUD team has remarkable track record with disputes concerning the challenge of the debtor's transactions (claw back action). Over the past few years, the number of such disputes, as well as the percentage of sustained challenge applications has been constantly growing, which gives rise to serious risks for business within the framework of the current economic conditions and potential bankruptcy of counterparties.
Appreciating the difficulties that the international corporations and their Russian-based subsidiaries may experience, ALRUD is well placed to offer services specifically-tailored to the issues of challenging the debtor's transactions to minimize possible risks and ensure best possible outcome of litigation.
on the sale of an asset in the context of mitigating the risks of challenging transactions in case of bankruptcy of either party to the transaction or their parent companies.
on the bankruptcy risks of challenging transactions related to debt restructuring as part of a multibillion-dollar international infrastructure project in the Far East.
on a dispute on invalidation of bank guarantees issued to secure transactions that turned out to be sham, including in the proceedings of a cassation appeal to the Supreme Court of the Russian Federation.
in a number of disputes related to the bankruptcy of a group of companies conducting one of the largest infrastructure projects in Eastern Siberia.
in the bankruptcy case of a large machine-building factory in Chelyabinsk region and in more than 15 interrelated disputes, including on challenging transactions in arbitrazh courts and courts of general jurisdiction.
in a separate dispute on invalidation of a financial pledge agreement entered under foreign law with no comparable concept in Russian law.
in disputes on claims of the State Corporation Deposit Insurance Agency on invalidation of a number of transactions in the framework of the bankruptcy case of a credit organization.
in a separate dispute on challenging a transaction in relation to a property complex used in the client's main production activities.