On 1 September 2020, Russian legislative bodies adopted a new procedure – non-judicial bad debt relief. The specific character of the procedure is that it does not imply legal action and the participation of a financial manager.
Foreign companies from so-called “unreliable” offshore zones will have the opportunity to move to special administrative regions in Russia on the Russky and Oktyabrsky islands.
From creditor to debtor: how a lawyer became a controlling person of a bankrupt and faced a multimillion lawsuit
Secondary liability for 23.8 million rubles is being imposed on Tatiana Votinova, a lawyer of an insolvent company, regarding a consumer cooperative bankruptcy case.
“Summer Resolution”: Plenum of the Supreme Court Explains the Rules of Cassation in Administrative Proceedings
The “Summer” Resolution of the Plenum of the Supreme Court of the Russian Federation explains the specifics of considering cassation complaints in accordance with the rules of the Code of Administrative Proceedings.
Emergency measures taken by government authorities in the face of the rapid spread of the novel coronavirus infection have had a tremendous impact on commercial activities.
Due to the fact that the spread of the COVID-19 infection has a significant impact on small and medium-sized businesses, the federal authorities have taken a number of measures to support entrepreneurship during the period of self-isolation.
In order to strengthen administrative and criminal liability, a number of articles of the Code of Administrative Offences of the Russian Federation and the Criminal Code of the Russian Federation have been amended with regard to violation of established rules in the field of ensuring sanitary and epidemiological welfare of the public.
Since December 2, 2019, it has become easier and more convenient to deposit money into foreign currency accounts.