L.Z. Lutfullin,
Member of the Chamber of Attorneys of the Republic of Tatarstan

The article gives an overview of changes in legislation and judicial practice in the sphere of insolvency (bankruptcy) in 2015: amendments relating to general rules of bankruptcy came into force, the institution of bankruptcy of individuals entered into force. These changes provided new facilities and guarantees of rights for participants of property turnover, and at the same time gave rise to a number of problems and issues in the judicial practice. The minimum threshold for the initiation of bankruptcy proceedings of the debtor – legal entity increased from 100 thousand to 300 thousand rubles; for subjects of natural monopolies and strategic companies amount increased from 500 thousand to 1 million rubles. Credit institutions – creditors received benefits in relation to other creditors which consist in the opportunity to apply for recognition of the debtor as a bankrupt, without waiting for a court decision confirming the existence of the debt. Generally the orientation of legislative changes may be characterized as procreditor.

Keywords: insolvency (bankruptcy); changes of legislation; judicial practice.


    Lutfullin L.Z. (Kazan) – Member of the Chamber of Attorneys of the Republic of Tatarstan (420111, Tatarstan, Kazan, Lobachevsky st., 10c; e-mail: [email protected]).