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Russia introduces bankruptcy moratorium

A ban on initiating bankruptcy cases by creditors will again start in Russia on April 1, 2022 and will last at least for six months. The measure may be applied to both organizations and individual ... ... measure will allow debtors to recover from difficulties and find other sources of income without resorting to closing their businesses and laying off the employees, RBC reports . The Prime Minister expressed hope that this would help businesses and ...

Modified: 04.01.2022
Government of the Russian Federation , Mikhail Mishustin , moratorium , bankruptcy , economics , Russia , business , moratorium on bankruptcy
Path: РусБанкрот - СМИ
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