The bill on reforming the bankruptcy institution, which business has been waiting for five years, shifts the focus from business liquidation to its rehabilitation — this approach is especially relevant in the current economic situation, business representatives say. In particular, the bill introduces two fundamentally new mechanisms: pre-bankruptcy rehabilitation, allowing entrepreneurs to negotiate a pre-trial settlement with creditors, as well as debt restructuring. However, lawyers note that the bill still has blind spots.

forbes.ru/finansy/558165-cto-pr…nstituta-bankrotstva