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

... 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" ... ... and a number of banks insist on the need to “freeze” the provision providing for the possibility of suspending collections in enforcement proceedings in respect of debts that arose before April 2022. The corresponding draft law was even developed by the ...

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