Pandemic, taxes and bankruptcy in Russia. What to expect and what to get ready for?
The rapid spread of the new COVID-19 virus on the planet makes the government develop measures not only to combat the spread of its manifestations in the sanitary and epidemiological area but also prevent its negative impact on the economic and social aspects in the society.
GRATA International is glad to announce the addition of an integrated office in Saint Petersburg, Russia. After going through transitional stage in its development as a firm and appreciating the benefits of the corporate systems and platforms, the opportunities and potential of the network, “Legal Studio” Law Firm, associate office in St. Petersburg (Russia), has reached a new milestone and will now become an integrated office “GRATA International SPB”.
Fate of Pledge (Lien) in Bankruptcy Cases
This article discusses the features of foreclosure on the subject of a pledge. The author focuses attention on the fate of a pledge, as an encumbrance on the subject, which was a guarantee of the fulfillment of the Debtor’s obligations to the creditor. The conflict between the norms of the Civil Code and the Federal Law “On Insolvency (Bankruptcy)” is considered, supported by relevant examples from judicial practice.