bankrupcy

Russians go bankrupt on massive scale

Russians go bankrupt on massive scale

In January-June 2018, 19053 citizens were declared bankrupt by Russian courts. This is 45% more than the same period in 2017, according to the reports of arbitration managers published on the Federal Reserve (the Federal Register on …

Azerbaijan to toughen penalties for false bankruptcy

Azerbaijan to toughen penalties for false bankruptcy

Azerbaijan plans to toughen the penalties for false and deliberate bankruptcy of enterprises. This is envisaged in the draft amendments to the Code of Administrative Offences, which have been submitted for consideration by the Milli …