On July 30, 2025, the Presidium of the Russian Federation Supreme Court approved a case law digest dealing with arbitration proceedings on the corporate disputes related to the application of Article 53.1 of the Russian Civil Code (the “Digest”)
Unlike the resolutions of the Russian Supreme Court Plenum, its digests are aimed at generalizing legal positions to ensure the uniformity of judicial practice, as specifically noted in the preamble to the Digest, therefore, it does not contain any "revolutionary" provisions.
Yet, the Digest does have a number of noteworthy points that supplement and refine the previously adopted Resolution of the Plenum of the Russian Supreme Arbitration Court No. 62 dated 30 July 2013 “On Certain Issues of Recovery of Damage by Individuals Holding Positions in Governing Bodies of a Legal Entity” (the “Resolution No. 62”) that sets out some key provisions that are vital when considering cases on the recovery of corporate losses in general.
VERBA LEGAL’s Dispute Resolution and Bankruptcy team comprising Partner Kirill Ponasyuk and Senior Associates Inna Ivanikova and Alexey Brysin, has taken a closer look at the Supreme Court’s position explaining what this decision signifies for legal practice.