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Credit Manager under a Syndicated Loan Agreement


A credit manager under a syndicated loan agreement is recognized as a competitive creditor and performs the procedural actions provided for by this Federal Law in the arbitration proceedings on bankruptcy, as well as other necessary actions to realize the rights of a competitive creditor in the interests of all members of the creditors' syndicate, except for members of the creditors' syndicate who participate independently in the bankruptcy case in accordance with Article 223.9 of this Federal Law1.

  1. Federal Law No. 127-FZ of October 26, 2002 "On Insolvency (Bankruptcy)", as amended on July 25, 2022, Article 223.8, paragraph 3 // Official Gazette of the Russian Federation. 2002. No. 43. Item 4190. ↩

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