“The debtor siphoned assets. Three cases when one can challenge debtor’s transactions outside the bankruptcy” by Petrol Chilikov Associate Konstantin Kandakov, was published in the April issue of the Arbitration Practice for Lawyers law journal.

In the article, Konstantin Kandakov explores options available to a creditor in a situation when a debtor siphons its assets and deliberately avoids performance of its obligations, where bankruptcy remedies are not available. Solutions that Konstantin suggests are backed by a comprehensive analysis of relevant case law.