Main changes in legislation on bankruptcy of legal entities in 2022–2024

Natalia Polezhaeva
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Natalia Polezhaeva: RANEPA

Published Papers from Gaidar Institute for Economic Policy

Abstract: Over the past three years the businesses bankruptcy regulation has not experienced any systemic changes. Russia’s bankruptcy legislation continues to retain its basically pro-creditor approach, which is not focused on saving business. However, interests of creditors are not sufficiently protected, as the level of satisfaction of creditors’ claims resulting from a company’s bankruptcy is 5–6% of the amount included in the register of claims.

Keywords: Russian economy; corporate governance; bankruptcy regulation (search for similar items in EconPapers)
JEL-codes: I18 I19 M15 M16 O31 (search for similar items in EconPapers)
Pages: 7 pages
Date: 2025, Revised 2025
New Economics Papers: this item is included in nep-cis
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