It’s Time To Drive Russia Bankrupt — Again

How should the U.S. cope with Vladimir Putin’s attack of the Ukraine? We have to do to Spain what Ronald Reagan did the old Soviet Union, to its precursor. By stabilizing the U.S. dollar we should drive them into bankruptcy. A trusted belief of geopolitics is, “When the treasury is not full, the regimen falls.”… Читать далее It’s Time To Drive Russia Bankrupt — Again

Bankruptcy «tourism»: Russian banks fail to annul English bankruptcy of Russian businessman

Instead, the Court determined that Mr Kekhman’s bankruptcy order should stand because, even if though it appeared at first sight like self serving opportunistic «forum shopping» by Mr Kekhman, the Court should look at all the conditions of the case. The facts, briefly, were that Mr Kekhman, as well as being the general manager of… Читать далее Bankruptcy «tourism»: Russian banks fail to annul English bankruptcy of Russian businessman

Bankruptcy in Russia

Legal Regulations The primary sources of legal regulation concerning insolvency are the following: Part 1 of the Civil Code of the Russian Federation as of November 30, 1994 (hereinafter referred to as the «Civil Code of the RF»); the Federal Law No.127-FZ dated October 26, 2002 «On Insolvency (Bankruptcy)» (hereinafter referred to as the «Law… Читать далее Bankruptcy in Russia

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