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Central Bank of Russia reminded insurers how to work under conditions of bankruptcy moratorium

... violating the rights of consumers who rely on timely receipt of insurance compensation. We should remind our readers that the moratorium on bankruptcy was introduced by the Government of the Russian Federation in April of this year for a period of six ... ... exception is made only for developers whose objects are on the list of problematic ones. As a justification for the measure, Mikhail Mishustin called the need to support citizens and companies in the situation of the introduction of sanctions against ...

Bankruptcy moratorium will not affect everyone: the Ministry of Economics proposed new exceptions

... off the debts to the depositors of the bankrupt credit organization. This happens due to the sale of property of persons brought to subsidiary liability, which in turn has a positive effect on the procedure as a whole. We should recall that earlier Mikhail Mishustin made a statement about the introduction of a bankruptcy moratorium in Russia. This is due to the sanctions pressure that the Russian Federation and the business operating in it are currently experiencing. Exceptions to the list of companies ...

Russia introduces bankruptcy moratorium

... creditors will again start in Russia on April 1, 2022 and will last at least for six months. The measure may be applied to both organizations and individual entrepreneurs, including issues of insolvency of individuals. The head of the Cabinet of Ministers Mikhail Mishustin announced the introduced norm the day before. According to the official, the measure will allow debtors to recover from difficulties and find other sources of income without resorting to closing their businesses and laying off the ...

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