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Bankruptcy institution reform postponed at least until autumn

... on bankruptcies of companies and individuals. Such a joint decision was made by the State Duma and the Cabinet of Ministers. Initially, as early as this spring, the lower house of parliament was about to consider a draft law regulating corporate bankruptcy. However, later the authorities made a decision to first take stock of the situation that has developed against the backdrop of the moratorium, as well as the results of the economic and financial stability of companies. It will be possible ...

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