Bankruptcy 2024: Major Legislative Changes and New Rules of Engagement

EPAM Law invites you to take part in the business seminar «Bankruptcy 2024: Major Legislative Changes and New Rules of Engagement».

Date and Time: Tuesday, 9 July 2024, from 11:00 to 13:30
Welcome coffee: 10:30–11:00
Venue: EPAM Law Office, 4th Floor, 22–24 Nevsky Prospekt, St Petersburg
The event will be held in a hybrid format – both in-person and online participation are available.

Who should attend?

• Business owners
• Senior management
• Heads of legal departments
• Commercial and financial directors of major companies

About the seminar:

Recent amendments to Russia’s bankruptcy legislation, combined with the latest guidance from the Supreme Court of the Russian Federation, represent some of the most significant changes in recent years.

Key changes include:

• A substantial increase in the threshold for initiating bankruptcy proceedings
• New rules for registering creditors’ claims and handling separate disputes
• Revised deadlines for appealing court decisions
• Changes to state duty payments

These and other more targeted updates are reshaping the bankruptcy process, requiring legal professionals to adapt and revise their strategies for protecting business interests.

Key questions to be addressed:

• How will these changes affect legal practice?
• What new risks arise for businesses in cases of counterparty insolvency?
• How can businesses most effectively protect their interests during bankruptcy proceedings?
• How should legal teams adjust to the new bankruptcy landscape?

These and other practical issues will be discussed by the litigation team from EPAM Law’s St Petersburg office.

Programme:

PART I – Session

11:00–12:30 «Bankruptcy 2024: Major Legislative Changes and New Rules of Engagement»

Topics:

• Significant increase in the threshold for bankruptcy filings and increased costs for creditors
• Radical changes to bankruptcy procedure: disputes without hearings, court rulings without reasoning, and new appeal procedures
• Expanded powers of insolvency practitioners and new opportunities for creditors
• Action plan for businesses: How to manage bankruptcy under the new rules and maintain control over administrators, creditors, and the bankruptcy estate

PART II – Networking Session & Refreshments

12:30–13:30 (for in-person participants only)

Speakers:

• Evgeny Gurchenko, Partner, Head of Litigation and Arbitration Practice, St Petersburg Office, EPAM Law
• Alexander Svashenko, Senior Associate, Litigation and Arbitration Practice, EPAM Law
• Yulia Sevostyanova, Associate, Litigation and Arbitration Practice, EPAM Law
• Diana Kevorkova, Advocate, Litigation and Arbitration Practice, EPAM Law