Overview

This briefing from Pepeliaev Group reviews the impact of a number of recent rulings made by the Russian Supreme Arbitration Court during May. It looks at various judgments affecting bankruptcy and insolvency case law in the country, including whether transactions of a debtor-entrepreneur are void or voidable and the order of priority of public interests when the bankruptcy estate is being constituted. It also discusses the wider implications of a ruling meaning a court-appointed administrator may not apply for a second time to recover fees and court expenses from a claimant in a bankruptcy case.