Analytics Publications

22
May

Regulatory agencies issue warnings to businesses

Starting January 1st, 2017 changes came into effect concerning Federal Law No. 294-FZ dated December 26th, 2008 (version from February 22nd, 2017) "On protecting the rights of legal entities and individual entrepreneurs when the federal or municipal governments are exercising regulatory powers (oversight),” that provide for a new method for regulatory and oversight agencies to prevent organizations and business owners from violating mandatory legal requirements – specifically, by issuing warnings to entities that are under their jurisdiction.

Alexander Vyazovik, Partner, Head of Volga directorate, Head of Restructuring & Insolvency practice
Dmitriy Motorin, Associate of Volga directorate
ezh-Yurist
21
April

Social aspects of bankruptcy

In 2015, legislation in the field of insolvency has taken a step towards the solution of pressing social problems. The main, and most talked-about, event in 2015 was the introduction of the institution of personal bankruptcy. However, against the background of the general excitement around personal bankruptcy, few people noticed the granting to workers of the right to apply for the bankruptcy of their employer. However, as it turned out, the expected social significant effect of these pronouncements did not materialize.

Alexander Vyazovik, Partner, Head of Volga directorate, Head of Restructuring & Insolvency practice
National Business
10
November

Bridging the gaps, but not all of them

Plenum of the Russian Supreme Court in its Decree No.45 prepared a detailed explanation as to which specific characteristics should be taken under consideration by arbitration courts, when reviewing cases concerning the insolvency (bankruptcy) of citizens.

Alexander Vyazovik, Partner, Head of Volga directorate, Head of Restructuring & Insolvency practice
ezh-Yurist
13
May

Let's talk about the bankruptcy of individuals

In 2015, legislation on insolvency (bankruptcy) had taken a step towards the solution of pressing social problems. Of course, the main, and the most discussed, event was the introduction of the institution of bankruptcy of individuals. However, against the background of the general buzz around personal bankruptcy, few people noticed that the reforms also gave employees the right to apply for bankruptcy of their employer. For now, these innovations have not led to the expected socially significant consequences.

Alexander Vyazovik, Partner, Head of Volga directorate, Head of Restructuring & Insolvency practice
ezh-Yurist
18
December

To get one’s debt returned, or obtain control of the debtor?

The desire to recover a debt from a borrower is understandable. However, is it justified for a bank to resort to abusive and aggressive behaviour? Judicial practice shows that this should be avoided, because it may result in losses to the bank. What are the responsibilities stipulated by legislation when it comes to unscrupulous actions of the lender, upon initiation of bankruptcy proceedings?

Alexander Vyazovik, Partner, Head of Volga directorate, Head of Restructuring & Insolvency practice
Legal work in a credit organization
6
October

Workers demanding to declare a company bankrupt. The risks faced by employers due to wage debts

On 29 September 2015, came into force amendments to the law on bankruptcy, which allows employees to ask the court to declare their employer as insolvent. Despite such ominous wording, considering workers as full-fledged participants in a bankruptcy case, can be done only with great reservations.

Alexander Vyazovik, Partner, Head of Volga directorate, Head of Restructuring & Insolvency practice
Trudovye Spory (Labour disputes)
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