Insights & News

Supreme Court Allows Bankruptcy of Foreign Companies with "Close Connection" to Russia

The Supreme Court has considered the Westwalk case and ruled that foreign companies can be legally recognized as bankrupt if there is a "close connection" with Russia. Bankruptcy of fore...

14 February 2024 Newsletters

A word spoken is past recalling: Russian Supreme Court explained the regulations on liability for breach of representations

The Judicial Chamber on Economic Disputes of the Supreme Court of the Russian Federation has considered TrustForex LLC case (No. A40-167835/2021) concerning the essential issue of recove...

29 March 2023 Newsletters

Expanding the powers of the Prosecutor's Office in arbitrazh and civil court proceedings

On 7 October 2022 the President of the Russian Federation has signed Federal Law No. 387-FZ 'On Amendments to Article 52 of the Arbitrazh Procedure Code of the Russian Federation and Arti...

10 October 2022 Newsletters

Moratorium on bankruptcy 2022

The Government of the Russian Federation has adopted Resolution No. 497 dated March 28, 2022, which es-tablishes a large-scale moratorium on bankruptcy from April 1. Meanwhile, earlier on...

06 April 2022 Newsletters

Russian bankruptcy moratorium extended until January, 2021

This is to inform you that the Resolution of the Government of the Russian Federation dated October 01, 2020 No. 1587, has extended the moratorium on bankruptcy of companies, at the reque...

09 October 2020 Newsletters

Moratorium on bankruptcy proceedings

In an expedited process, a Federal Law amending several legislative acts was passed by the State Duma and Federal Council of the Russian Federation. In particular, the law envisages use o...

01 April 2020 Newsletters

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