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IMPORTANT CHANGES IN THE BANKRUPTCY LAW

A number of significant amendments have been made to the Insolvency Law. In particular, now a citizen's spouse and relatives can be involved in bankruptcy. Now the arbitration manager has the right to receive data on the assets of the debtors' spouses without going to court. In addition, the arbitration manager can find out information about the property and other relatives of the bankrupt. It will be possible to do this in court, but without a direct hearing. Also, the former or current ...

THE FEDERATION COUNCIL IS DISCUSSING THE RIGHT OF AN ARBITRATION MANAGER TO INTERVIEW BANKRUPT MANAGERS

Ilya Shevchenko, a judge of the Arbitration Court of St. Petersburg and the Leningrad Region, proposed to give arbitration managers (AU) the opportunity to interview the heads of debtors or their deputies about the reasons for the insolvency of companies. Shevchenko announced the need to make appropriate amendments to the Bankruptcy Law during a round table on a relevant topic in the Federation Council. Ilya Shevchenko stressed that today there is an administrative responsibility for obstructing the actions of the Arbitration Manager. He added that if suddenly there is a refusal ...

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