06 / 05 / 25
Holding a Director Liable. Losses on Below-Cost Transactions: Yes, or No?
On April 25, 2025, the Russian Federation Supreme Court passed a ruling in the action brought by Bazalt LLC against its General Director D. M. Kotov. The Supreme Court addressed the matter whether the company suffered damages from below-cost sales and whether the company could in fact have approved its General Director's actions.