Founded in Paris in 1920, Gide is a leading international law firm with 12 offices spread throughout the world.
Gide is physically present in six regions of the world, with 11 offices, enabling it to act on cases globally.
16 January 2018
Client Alert | Russia | Corporate Law
In July 2017, the Federal Law dated 26 October 2002 No. 127-FZ “On Insolvency (Bankruptcy)” (the “Bankruptcy Law”) was supplemented with provisions introducing, among other things, subsidiary liability of persons de facto controlling a bankrupt company (the “Debtor”) in the event that the Debtor’s assets are insufficient to settle the claims of its creditors . On 21 December 2017, the Supreme Court of the Russian Federation issued a detailed resolution clarifying the implementation of these new Bankruptcy Law provisions in practice.
Please click on the file below to read the full Client Alert in English.
