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Supreme Court of Russia allowed the introduction of a flexible bankruptcy moratorium

... for the introduction of a government measure. The idea was approved by the tax authorities, but has not yet been implemented. Currently, only the debtor has the option to opt out of the protection afforded by the six-month government moratorium. The Supreme Court of the Russian Federation, in turn, spoke in favor of the introduction of the so-called "flexible mechanism" for the operation of the norm. This will ensure its application to persons who have actually suffered and are in need ...

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