The Commercial Bankruptcy Law of Russia: A Year of Change

    View Authors September 2009

    Russia’s Bankruptcy Law has seen substantial amendments and refinements in recent years, and further changes are being considered that would fundamentally alter the country’s bankruptcy system and debtor-creditor relations.

    In “The Commercial Bankruptcy Law of Russia: A Year of Change,” published in two parts in the September and October 2009 editions of the Russia/Eurasia Executive Guide, Squire Sanders lawyers Sergey A. Treshchev and Patrick J. Brooks provide an overview of Russia’s modern bankruptcy system (post-1991) as well as the current state of the law. They highlight the significant changes to the Bankruptcy Law introduced in the last year and those that may be adopted in the near future, and point out areas that could be improved for the benefit of all stakeholders in the process.