KIAP won a RUR255m-plus dispute over vicarious liability of the management of an energy supplier

KIAP won a RUR255m-plus dispute over vicarious liability of the management of an energy supplier

The litigation was over vicarious liability damages sought from former top managers of a bankrupt corporate debtor in bankruptcy proceedings.

The Firm succeeded in demonstrating no wrongdoing by the company's former management, and the courts at all instances, including the Federal Arbitrazh (Commercial) Court of Moscow Okrug, denied the liquidator's claim in its entirety.

The case was litigated by KIAP managing partner Andrey Korelskiy and senior associate Ilya Dedkovskiy.