Corporate abuse in leasing and purchasing

The author analyzes the forms and mechanisms of corporate abuse («corporate fraud») when unscrupulous co-owners and top managers of Russian companies build leasing and procurement schemes. Provides examples of claims for damages by top managers and members of boards of directors, invalidation of leasing transactions, as well as examples of litigations that assess information requirements for relevant companies when concluding leasing contracts and executing leasing transactions. Gives a systematic assessment of the validity of methods for preventing corruption practices of procurement organizers. Concludes that their effective use is possible only when taking into account the specifics of a particular company and a group of companies as a whole.