New virus is a current factor that seriously hinders economic growth and threatens the well-being of both individuals and businesses. Regardless of the measures taken by the government to give assistance to affected businesses, the current situation is fraught with losses that are unavoidable.
Assistant to Lawyer
Tax and Legal Practice
Korpus Prava (Russia)
Starting from September 1, 2020, Federal Law No. 289-ФЗ “On Amendments to the Federal Law “On Insolvency (Bankruptcy)” and Certain Legislative Acts of the Russian Federation Regarding Out-of-Court Bankruptcy of Citizens” dated 31.07.2020 shall become effective.