Insights & News

Exporting Russian bankruptcy

Dear Ladies and Gentlemen! The imposition of foreign sanctions against Russia also impacts the prospects of Russian judgments being recognized and enforced in “unfriendly” jurisdictions. Some even believe that these sanctions completely prevent such

16 August 2024 Newsletters

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 foreigners was first commenced in 2016, but for a long was applied only to individuals

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...

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](https://sozd.duma.gov.ru/bill/1192314-7 'Federal Law No. 387-FZ') 'On Amendments to Article 52 of the...

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...

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](http://publication.pravo.gov.ru/Document/View/0001202010050028 'the Resolution of the Government of the Russian...

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 of the power...

01 April 2020 Newsletters

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