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
This summary is intended to help navigate a large number of legal measures taken by the Russian authorities in connection with COVID-19. The review is not exhaustive. We plan to periodically update this document as new...more
5/8/2020
/ Constitutional Amendment ,
Coronavirus/COVID-19 ,
Debit Cards ,
Employer Responsibilities ,
Financial Assistance Policies ,
Health Care Providers ,
Medical Devices ,
Paid Leave ,
Personal Protective Equipment ,
Relief Measures ,
Russia ,
Sanctions ,
Sick Leave ,
Social Distancing ,
Sustainable Finance ,
Tax Relief
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