Maxima Legal invites you to a business breakfast dedicated to the subsidiary liability of top managers and business beneficiaries

Sergei Bakeshin - Counsel

Maxima Legal Law Firm invites you to a business breakfast dedicated to the top managers and beneficiaries of the business.

Date: 21 March, Thursday

Location: Maxima Legal office, 26, Liteyniy prospect, St Petersburg.

Time: 10:00-11:30

One of the key bankruptcy outcomes of 2018 was the mass application by arbitration courts of the mechanism of subsidiary liability of controlling persons for debts of companies. Thus, over the past year, 2,125 people were held liable for business obligations, which was 2.3 times higher than in 2017 and 4 times higher than in 2016. Tightening of legislation, including a significant expansion of the list of grounds for imposing liability on controlling persons, was among the factors that provoked the penetration of the corporate veil.

  • Who can be attributed to the circle of controlling persons?
  • What are the grounds for imposing subsidiary liability on controlling persons?
  • Under what conditions may such liability arise?
  • In what order is the controlling debtor held liable to subsidiary liability?
  • Who initiates the imposition of subsidiary liability on controlling persons?
  • How is the amount of subsidiary liability determined?
  • What is the statute of limitations on holding controlling persons liable?

The number of seats is limited. Please confirm your participation at m.kryukova@maximalegal.ru or by calling +7 911 112 43 03