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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 ...

Business bankruptcy: St. Petersburg ranks second in the country

... bankruptcies in the business segment - the second one was Moscow, where 553 organizations went bankrupt. Such data is provided by the Fedresurs website . On the third line of the rating there is the Moscow region, where 214 enterprises were declared bankrupt in ... ... three months. On the first three lines there are the Krasnodar Territory, the Moscow Region and Moscow (2657, 2571 and 2501 bankruptcy, respectively). St. Petersburg is traditionally distinguished by high business activity, so the second place in business ...

HOW WILL THE TERMINATION OF MORATORIUM AFFECT BANKRUPTCY?

... consequences? The ban was lifted on January 7, but despite the expectations of specialists, the number of applications from creditors about the desire to declare enterprises bankrupt did not increase sharply, at least, for now. According to the head of Fedresurs, over the period from January 8 to January 11, creditors posted more than 100 messages about the decision to submit bankruptcy petitions to the court. 41 messages concern enterprises that were under protection of a moratorium. If we compare the indicators with the last year's statistics, in January 2020, 2019 messages were published (in 17 workdays). Thus, it is still ...

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