The Supreme Court, in its judgment of 19 July 2012, reiterates its liability doctrine in bankruptcy. As already noted in previous pronouncements, administrators condemnation, in whole or in part, the deficit been in bankruptcy liquidation, "is, according to the letter and spirit of that rule, a necessary consequence of the classification of competition as guilty "because" the sentence is conditional rating depends on the competition and reasonable discretion of the Judge "which must" assess, according to regulatory criteria and to substantiate the accusation necessary individual and subjective elements behavioral objectives of each of the directors in relation to the actions that have been attributed to the social organ and determined the bankruptcy as guilty. "



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