Настоящий обзор представляет собой краткое изложение последних изменений в российском законодательстве и не является юридической консультацией. За консультацией по конкретному вопросу следует обращаться непосредственно к юристу. Уайт энд Кейс Романов пер., д. 4 125009 Москва Россия + 7 495 787 3000 + 7 495 787 3001 Изменения в законодательстве о банкротстве Март 2015 ClientAlert Финансовая реструктуризация и банкротство В декабре 2014 г. были внесены изменения в Федеральный закон “О несостоятельности (банкротстве)” № 127-ФЗ от 26 октября 2002 г. (“Закон о банкротстве”).

Литовцева Юлия, руководитель группы практики

разрешения споров и медиации «Пепеляев Групп»,

кандидат юридических наук

For the attention of company managers and financial, tax, legal and litigation departments.

Pepeliaev Group advises of the publication, on 13 February 2013, of Resolution No. 11 of the Plenum of the Russian Supreme Arbitration Court (SAC) dated 25 January 2013 “On paying value added tax when the property of an insolvent debtor is disposed of”. This resolves,  to the benefit of creditors and buyers of bankrupt companies’ property, issues relating to the procedure and regime for paying VAT.

Постановление Девятого арбитражного апелляционного суда от 19.06.2012

Участники спора

Конкурсный управляющий

ЗАО «Цифровая электроника» ЗАО «Цифровая электроника» (Должник)

ОАО «СИТРОНИКС» (сторона оспариваемой сделки с Должником, Кредитор)

Фабула дела

Resolution of the Ninth Commercial (‘Arbitration’) Court of Appeal

dated 19 June 2012

Parties in dispute

Receiver of Digital Electronics CJSC

Digital Electronics CJSC (the “Debtor”)

SITRONICS OJSC (a party to the challenged transaction with the Debtor, the “Creditor”)

Narrative

The issue of the fee for an insolvency practitioner affects every single person involved in insolvency (bankruptcy) proceedings. It is known that the receiver’s fee is generally paid out of the debtor’s assets. Accordingly, the higher the fee, the fewer the assets that remain to satisfy creditors’ claims, restore the debtor to solvency and distribute the liquidation surplus among the members.

Specifics of enforcing the consequences of the invalidity of a transaction whereby a pledgeholder leaves pledged property in its ownership.

(ruling No. VAS-14907/11 dated 20 March 2012)

By the above ruling, the Supreme Arbitration Court (SAC) has actually reinforced the specifics of enforcing the consequences of a transaction transferring a debtor’s pledged property being invalid if it is not possible to restore the parties to their initial position.

New Law on "Amendments to the Law on Insolvency (Bankruptcy) and Articles 17 and 223 of the Arbitrage Procedural Code with respect to establishment of special rules for bankruptcy of developers attracting money from participants in construction" was adopted on July 12, 2011 (the "Amendments"). Most of the Amendments were introduced as a special chapter No. 7 named "Bankruptcy of Developers" into the Federal law on Insolvency (Bankruptcy) No. 127-FZ as of 26 October 2002 (as amended) (the "Bankruptcy Law").

On 19 August 2011, the Ministry of Economic Development of the Russian Federation published on its official website a draft order on establishing the procedure for entering information on bankruptcies in the Unified Federal Register (the "Order").

Specifically, the Order:

Bankruptcy

On March 5, 2012, new rules came into force for credit cooperatives in bankruptcy proceedings; the new rules feature: