Legal update of amendments to the Insolvency Law and the Insolvency Law of Credit Organisations

This legal update gives an overview of the key amendments to Federal Law No 127 - FZ "On insolvency (bankruptcy)" dated 26 October 2002 (the Insolvency Law) and Federal Law No 40 - FZ "On insolvency (bankruptcy) of credit organisations" dated 25 February 1999 (the Insolvency Law of Credit Organisations).

On 17 April 2009 the Russian State Duma adopted Federal Law No 73 - FZ - "On amendments to certain legislative acts of the Russian Federation" (the 73-FZ Law).

Filed under:
Russia, Insolvency & Restructuring, Dentons, Bankruptcy, Debtor, Accounting, Consideration, Good faith, State Duma, Constitutional amendment
Authors:
Alexander Barmin
Location:
Russia
Firm:
Dentons
Actions to be taken by a creditor after the debtor's filing for insolvency, prior to the Arbitrazh Court hearing

The Russian insolvency legislation mainly consists of the Civil Code of the Russian Federation (the Civil Code) and the Federal Law No. 127-FZ on insolvency (bankruptcy) dated 26 October 2002 (the Insolvency Law), the principal legislation on insolvency in the Russian Federation.

Filed under:
Russia, Insolvency & Restructuring, Litigation, Dentons, Bankruptcy, Legal personality, Credit (finance), Debtor, Debt, Liquidation, Commercial law, Liquidator (law)
Authors:
Alexander Barmin
Location:
Russia
Firm:
Dentons
Legal update of amendments to the Insolvency Law and the Insolvency Law of Credit Organisations

This legal update gives an overview of the key amendments to Federal Law No 127 - FZ "On insolvency (bankruptcy)" dated 26 October 2002 (the Insolvency Law) and Federal Law No 40 - FZ "On insolvency (bankruptcy) of credit organisations" dated 25 February 1999 (the Insolvency Law of Credit Organisations).

On 17 April 2009 the Russian State Duma adopted Federal Law No 73 - FZ - "On amendments to certain legislative acts of the Russian Federation" (the 73-FZ Law).

Filed under:
Russia, Insolvency & Restructuring, Dentons, Bankruptcy, Debtor, Accounting, Consideration, Good faith, Constitutional amendment
Authors:
Alexander Barmin
Location:
Russia
Firm:
Dentons