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Bankruptcy institution reform postponed at least until autumn

... companies, as well as protection of employees' rights. The official noted that in insolvency cases it is important to balance the interests of creditors and their debtors, RBC reports . According to a number of experts, the decision to postpone the reform of the insolvency procedure is quite justified, since at the moment, the business is facing new difficulties, and the previously developed norms as part of the reform of the bankruptcy institution did not provide for the challenges that arose.

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