Insolvency procedure in Russia

If your company or counterparty faces financial distress resulting in an insolvency procedure in Russia – the main thing that really matters is quick action. On the one hand you will need to protect your interest as a creditor throughout a bankruptcy procedure to minimize the economic loss or to obtain insurance coverage. On the other hand, you will need to reorganize your market approach and local office, to avoid that it becomes a burden for your foreign headquarters. Our experts are able to assist you on both. We may also guide you on through the myriad of opportunities and pitfalls that you face during a liquidation process. By virtue of our interdisciplinary approach we can counsel you on the best solution from a tax, employment and top-management liability perspective. We can guide you through an involvency procedure in Russia.