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THE TERM OF BANKRUPTCY OF FIRMS HAS INCREASED DUE TO THE BURDEN ON THE COURTS

... seven years. This is reported by Izvestia with reference to the information of the Federal Resource. As experts explain, such an increase in terms is due to the burden on the courts and the creation of new institutions. According to the head of Fedresurs Alexey Yukhnin, the changes are also related to the active activity of managers to return finances to the auditors. "For example, contesting transactions is used. As well as submitting applications for bringing controlling persons to subsidiary ...

THE CULPRIT OF THE RESIGNATION OF THE URAL EX-GOVERNOR IS ON THE VERGE OF BANKRUPTCY

Information about the intention of Ural-Service Group (USG) to initiate bankruptcy proceedings against Yuzhuralmost was published on Fedresurs. In the summer of 2022, USG collected a debt of 75.2 million rubles from the defendant. Yuzhuralmost JSC became infamous in 2019. The antimonopoly authorities then established that the company participated in a cartel conspiracy during several ...

Business bankruptcy: St. Petersburg ranks second in the country

... enterprises more than in the same period of 2021. The region ranked second in the country in terms of the number of bankruptcies in the business segment - the second one was Moscow, where 553 organizations went bankrupt. Such data is provided by the Fedresurs website . On the third line of the rating there is the Moscow region, where 214 enterprises were declared bankrupt in the first quarter of this year. In terms of bankruptcies of individuals, St. Petersburg took only the sixth place in Russia ...

HOW WILL THE TERMINATION OF MORATORIUM AFFECT BANKRUPTCY?

... consequences? The ban was lifted on January 7, but despite the expectations of specialists, the number of applications from creditors about the desire to declare enterprises bankrupt did not increase sharply, at least, for now. According to the head of Fedresurs, over the period from January 8 to January 11, creditors posted more than 100 messages about the decision to submit bankruptcy petitions to the court. 41 messages concern enterprises that were under protection of a moratorium. If we compare ...

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