Bankruptcy
In-depth articles on personal and corporate bankruptcy in Russia: eligibility, court and out-of-court procedures, assets, transactions, consequences, and creditor and debtor rights.
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Preliminary Contract in Russian Bankruptcy: Advance Payment and Main Contract
How Russian bankruptcy affects a preliminary contract, the deadline for the main agreement, advance payments, enforcement and creditor claims.
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Customer Bankruptcy in Russia: Payment for Works and Contractor Claims
What a Russian contractor or service provider should do when the customer enters bankruptcy: document performance, control new work and file payment claims.
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Supplier Bankruptcy in Russia: Delivery, Prepayment and Buyer Claims
What a Russian buyer should do when a supplier enters bankruptcy: stop uncontrolled payments, record non-delivery and file the correct claim.
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Apartment Buyer Files for Bankruptcy in Russia: Seller Risks and the Transaction
What a Russian apartment seller should check when the buyer files for bankruptcy before full payment: title, delivery, seller security and claims.
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Financial Assistance in Russian Personal Bankruptcy: Is It Protected?
Financial assistance in Russian bankruptcy: protected grounds, childbirth, marriage and bereavement, evidence, mixed wage transfers and exclusion requests.
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How to Terminate a Russian Personal Bankruptcy Services Contract
How a consumer may withdraw from a Russian legal-services contract for personal bankruptcy, check completed work and request a supported settlement.
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Advance Payments in Russian Personal Bankruptcy
Treatment of a salary advance in Russian bankruptcy: two monthly payments, living minimum, delay, final settlement and employer evidence.
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Novation in Russian Bankruptcy: Original Debt, Security and Risks
How replacing an original obligation affects bankruptcy claims, security, debt timing, creditor-register treatment and transaction-avoidance risk.
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Letters of Credit in Russian Bankruptcy: Funds, Payment and Claims
Letters of credit in Russian bankruptcy: cover versus confirmation, presentation deadlines, bank examination, unused funds, documents and a sample bank request.
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Restitution in Russian Bankruptcy: Return of Assets and Counterparty Claims
How invalid-transaction consequences return assets to a Russian bankruptcy estate and determine the counterparty claim and priority.