Amendments to Article 9.1 of the Insolvency Law ("Law 149-FZ") came into effect on 24 April 2020. The amendments provide that the benefit of the insolvency filing moratorium can be waived (the "moratorium waiver"). In...more
The Russian Government has introduced a moratorium on the filing of insolvency claims (the "moratorium") from 6 April through 6 October 2020. This will have important legal consequences both for the persons covered by it...more
4/21/2020
/ Commercial Bankruptcy ,
Coronavirus/COVID-19 ,
Creditors ,
Debtors ,
Financial Distress ,
Insolvency ,
Limitation Periods ,
Moratorium ,
Relief Measures ,
Russia ,
Waivers
The spread of the coronavirus infection (2019-nCoV) is causing parties to consider the need to amend or cancel their contracts. They will also likely be giving thought to the allocation of liability and expenses in connection...more
Below we list the measures introduced by Russian state authorities in response to and in connection with the COVID-19 pandemic.
High Alert Regime -
All regions of Russia, including Moscow and the Moscow Region, have...more
3/27/2020
/ Business Closures ,
Coronavirus/COVID-19 ,
Employee Monitoring ,
Financial Assistance Policies ,
Force Majeure Clause ,
Government Lockdown ,
Medical Devices ,
Prescription Drugs ,
Quarantine ,
Remote Working ,
Russia ,
School Closures ,
Tax Deferral ,
Travel Restrictions