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BANKRUPTCIES IN RUSSIA: STATISTICS FOR 2022

... initiated on the applications of citizens. The leaders in the number of insolvency procedures of citizens are still the following regions: Krasnodar Krai, Moscow Region and Moscow. As a separate item, Fedresurs notes a 42.3% increase in the number of out-of-court bankruptcies through the MFC, which indicates a certain effectiveness of the mechanism. This statistic is due to the effect of the moratorium, which was introduced by the Government of the Russian Federation in the period from April to October of ...

454 NOTIFICATIONS ON THE FIRST DAY: THE MORATORIUM ON BANKRUPTCY IS COMPLETED

... should have served as a lesson for debtors that they should be prepared for the flow of applications from counterparties and government agencies. In addition to the burden on business, the current situation creates a significant amount of work for the courts, which did not stop the consideration of disputes already initiated during the moratorium, as well as the large number of cases initiated on applications filed on the eve of the moratorium.

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