Media breakfast: Bankruptcy: changes in the legislation and practice. Half a year of the game according to the new rules: initial results and lessons
5.10.15
Organizer: BGP Litigation
Location: Office of BGP Litigation
Topic / Program:

- Gaining control in bankruptcy proceedings: debtors vs. creditors. Is it possible to maintain a balance of interests?

- Insolvency of credit institutions: key changes in regulation

- Mechanisms protecting creditors' rights upon bankruptcy

TOPICS FOR DISCUSSION

1. In 2015, significant changes were made to the bankruptcy legislation and its application. The practical implications of the following will be addressed:

- broadening application of the category of good faith in bankruptcy cases;

- financial rehabilitation of credit institutions. Are we about to see a second wave of revocation of banking licenses?

- imposition of secondary liability on interested parties;

- review of key insolvency procedures and prospects of improving legislative regulation.

2. Financial restructuring: imminent changes. Draft law of the Ministry of Economic Development. What's in store for business, and what is the likelihood that the bankruptcy law will again be significantly amended?

Events