Appointment
Under the provisions of Federal Law on Insolvency (Bankruptcy) of 26 October 2002 No. 127-FZ and the subsequent, but not final,
amendments, envisaged by Federal Laws of 24 October 2005 No. 133-FZ, 18 July 2006 No. 116- FZ, 30 January 2008 No. 296-FZ, 28 April 2009 No. 73-FZ, 19 July 2009 No.195-FZ, 17 December 2009 No. 323-FZ, 27 December 2009 No. 374-FZ, 22 April 2010 No. 65-FZ and 27 July 2010 No. 219-FZ, an Insolvency Practitioner (Russian term – an arbitration manager) is a citizen of the Russian Federation who is member of one and only one selfregulating organization of arbitration managers (SRO). An IP is a professional service practitioner and performs his or her professional activity within the framework of Insolvency Law in a private practice.
