Lawyers of EDAS Law Bureau vindicated in cassation instance the decision of appellate court on refusal to bring the principal to vicarious liability that was adopted earlier

The team of EDAS Law Bureau led by the litigation partner Evgeny Branetsky successfully vindicated the decision of the Tenth Arbitration court on refusal to bring the member (owning more than 50% of the share capital) to vicarious liability. 

The Arbitration court of Moscow region agreed that bringing to vicarious liability of a member of the Board of Directors (and, at the same time, the majority member) of the company which is the bankrupt is impossible without taking into account the period in which the circumstances that created the grounds for such liability.

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Dubai New Economy Legal Forum 9-10 March 2023 (Dubai, UAE)