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.
Assistant to Lawyer
Tax and Legal Practice
Korpus Prava (Russia)
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.