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Supreme Court of Russia proposed to raise the limit of debt in case of out-of-court bankruptcy

The head of the Supreme Court of Russia, Vyacheslav Lebedev, proposed to raise the debt limit established in Russia for out-of-court bankruptcy of individuals.... ... should not be included in the bankruptcy estate. This is done to respect the social rights of citizens. Another initiative of the Supreme Court of the Russian Federation in the framework of out-of-court bankruptcy is to give bankruptcy trustees the right to ...

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