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“Bankruptcy moratorium: debtors’ expectations vs reality”

Bankruptcy

One of the most notable novelties of Russian legislation connected with attempts to neutralize the negative economic consequences of the new coronavirus infection COVID-19 spread was Article 9.1 of the Federal Law of October 26, 2002 No. 127-FZ «On Insolvency (Bankruptcy)», establishing a new legal institution — bankruptcy cases initiation moratorium (hereinafter — the moratorium). Considering that the moratorium rule appeared on a reactively developing economic crisis, its active application in judicial practice followed immediately after the relevant amendments entered into force, which made it especially interesting to analyze the practice of applying the moratorium rules as an anti-crisis measure.

For more details, read the article by Alexandra Ulezko, Head of Kachkin & Partners Bankruptcy Group, and Andrey Filonovich, Corporate & Dispute Resolution Paralegal at Kachkin & Partners.

The material was published in the journal «Property Relations in the Russian Federation» No. 7 (226) of 2020.

Kirill Saskov

Partner
Head of Corporate and Dispute Resolution Practice
Attorney

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Kirill Saskov

Partner
Head of Corporate and Dispute Resolution Practice
Attorney

Download VCARD

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