The Ministry of Economic Development has proposed a way to combat the withdrawal of bankrupt assets / Comment / RBC
We are talking about the signs of fake transactions used to deceive creditors. The Ministry of Economic Development is going to propose amending the law on bankruptcy by prescribing conditions for litigating a chain of transactions with which unscrupulous pre-bankrupts have covered up the withdrawal of assets. The amendments will complicate this practice, but will not negate it, lawyers believe.
Andrew Bezhan, a Counsel in the Dispute Resolution Practice at the St. Petersburg office of Borenius Russia, shared his point of view with the RBC News Agency.