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

The period of bankruptcy of legal entities has increased by more than 1.5 times – up to three years – over the past seven years. This is reported ... ... 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. ...

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 auctions. All contracts, the price of which was ...

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