Debt recovery

Confirmed the Creditor’s Claims of Over RUB 15 Million

In this debt recovery matter, the creditor’s claims of over RUB 15 million were confirmed.

The Essence of the Matter

The client needed to achieve the recovery of a receivable in the amount of over RUB 15 million.

The Task

To confirm the creditor’s claims of over RUB 15 million and achieve the recovery of the debt.

Result

15M+ RUB

Result

The creditor’s claims of over RUB 15 million were confirmed.

Confirmation of the claims creates a legal basis for the further recovery of the debt.

Subject

recovery of debt owed to the creditor

Amount of claims

over RUB 15 million

Result

the creditor’s claims were confirmed

Actual receipt of funds

not confirmed

Why this result matters

In debt recovery, a court decision by itself does not yet mean the return of money. The practical result occurs when the recovered amount actually reaches the creditor.

In this case, the creditor’s claims of over RUB 15 million were confirmed.

Practice Areas

Practices Related to This Case

Nikolay Nemkov

Managing Partner, Konsultant Law Firm

Nikolay Nemkov

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Need to recover a debt?

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