The article briefly highlights the results of seven years of consumer bankruptcy, analyzes the problem of classifying citizens as honest and bona fide debtors. The author analyzes the practice of refusing to discharge debts due to a significant amount of claims against the debtor or a consistent increase in debt to creditors in the absence of the required level of income, as an independent basis for refusing to discharge debts and comes to the conclusion that the balanced approach proposed by the Supreme Court helps prevent indiscriminate failures. The author examines and highlights key points of the precedent ruling of the Supreme Court on the issues of malicious evasion of repayment of debts.
When a Сompany Сan't Be Excluded From the Unified State Register of Legal Entities (in Russian)
Standard of Proof in Insolvency Cases. Key Positions of Courts (in Russian)
Analytical Review of Some Cross-Border Insolvency Cases (in Russian)
Interim Measures Against Controlling Persons. How to Prove Their Validity in Court (in Russia)
Payment Out of Schedule. How to Save Deal (in Russian)
Russia: New package of emergency legislation measures
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.