Russia: New package of emergency legislation measures

21 July 2020 Eurofenix, the journal of INSOL Europe, July 2020

During the COVID-19 crisis, Russian regulators implemented a package of emergency legislation including measures referring to the insolvency law. The law was published on 1 April 2020, and on 3 April the Government exercised its right to introduce a 6-month moratorium on initiating bankruptcy proceedings for certain categories of debtors.