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Russian companies continue to waive bankruptcy moratorium

Russian business is actively using the right to waive the moratorium on bankruptcy, established by the decision of the authorities since April 2022. According to analysts, this may be explained by the desire of the majority shareholders to receive dividends in 2022. As a rule, this is done by those companies whose financial ...

Russian banks ask to change the rules of the bankruptcy moratorium

Large Russian banks came up with the idea of amending the rules providing for the introduction of a bankruptcy moratorium in Russia. The government extended its action to both individuals and legal entities until October this year due to the difficult economic situation in the country. Financial institutions believe that the law in this part should ...

WHAT WILL THE BANKRUPTCY MORATORIUM LEAD TO?

What the legal community had been waiting for the whole last month has finally happened - the "Government Decree on the introduction of a moratorium on the initiation of bankruptcy cases on applications filed by creditors" has been published. The moratorium on bankruptcy has returned to Russia for six months, same as in the first days of the pandemic. Dmitry Bokholdin, a lawyer at the “Legal Enclave” law firm, spoke ...

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