Template-Type: ReDIF-Paper 1.0
Author-Name: Natalia Polezhaeva
Author-Name-First: Natalia
Author-Name-Last: Polezhaeva
Author-Workplace-Name: RANEPA
Title: Main changes in legislation on bankruptcy of legal entities in 2022–2024
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.
Classification-JEL: I18, I19, M15, M16, O31
Keywords: Russian economy, corporate governance, bankruptcy regulation
Creation-Date: 2025
Revision-Date: 2025
Length: 7 pages
File-URL: https://www.iep.ru/files/RePEc/gai/ppaper/ppaper-2025-1417.pdf
File-Format: application/pdf
File-Function: Revised Version, 2025
Handle: RePEc:gai:ppaper:ppaper-2025-1417