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ARBITRATION OF THE MOSCOW DISTRICT OUTLINED THE BOUNDARIES OF THE MORATORIUM ON BANKRUPTCY

Igor Chernobai filed a complaint with the cassation instance. The courts demanded payment of a huge debt from him. At the same time, the plaintiff referred to a bankruptcy moratorium prohibiting foreclosures on property held as collateral. In case no. A40-140652/2021 of the VEB Group of Companies.The Russian Federation demanded that the court recover from Igor Chernobai his share in the amount of 0.1% of the ...

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

The bankruptcy moratorium for individuals and legal entities, introduced by the Government of the Russian Federation in April of this year, gave rise to a wave of disputes and contradictions among the participants in civil circulation. In particular, the ...

Bankruptcy moratorium for individuals will remain in force

The authorities did not support the initiative of the Central Bank to suspend the effects of the bankruptcy moratorium on individuals. Despite the banking lobby, the Cabinet of Ministers considered the idea unpopular. At the same time, the ministers made a decision to support the selective reforms of the current version of moratorium. As Interfax ...

Business bankruptcy: St. Petersburg ranks second in the country

... quarter of this year. In terms of bankruptcies of individuals, St. Petersburg took only the sixth place in Russia - 2,101 people 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 bankruptcy looks quite natural, comments Elena Kozina, the managing partner of the “ELKO profi” law office. Since the end ...

Bankruptcy moratorium 2022: what you need to know

... Here are some features of the introduced measure and its consequences. In-force period The moratorium was introduced for the period from April 1 to October 1, 2022, which means that it will be in force for six calendar months. Who is subject to the Bankruptcy Moratorium? The decree names companies, individual entrepreneurs, as well as ordinary citizens as persons subject to the moratorium. At the same time, the only exceptions are debtors-developers (construction companies), the objects of which ...

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