https://legal.excellentwiki.com/russia/insolvency-law/ Recent content in insolvency and bankruptcy law on ExcellentWiki - Legal Encyclopedia Hugo en-US Mon, 06 Jul 2026 00:00:00 +0000 https://legal.excellentwiki.com/russia/insolvency-law/russian-insolvency-law/ Mon, 06 Jul 2026 00:00:00 +0000 https://legal.excellentwiki.com/russia/insolvency-law/russian-insolvency-law/ <h2 id="overview-of-russian-insolvency-law">Overview of Russian Insolvency Law</h2> <p>Russian insolvency law is governed primarily by <strong>Federal Law No. 127-FZ &ldquo;On Insolvency (Bankruptcy)&rdquo;</strong> of 26 October 2002 (the Bankruptcy Law), which has been amended extensively — over seventy times — since its enactment. The law applies to legal entities, individual entrepreneurs, and — since 2015 — to <strong>individuals</strong> not registered as entrepreneurs. The <strong>Bankruptcy Law</strong> is supplemented by the <strong>Arbitrazh Procedure Code of the Russian Federation</strong> (Chapter 28) and various resolutions of the <strong>Plenum of the Supreme Court of the Russian Federation</strong>, which provide authoritative interpretive guidance. Bankruptcy cases fall within the exclusive jurisdiction of the <strong>arbitrazh courts</strong> — a specialized court system for economic disputes — with the <em>Verkhovny Sud</em> (Supreme Court) serving as the highest appellate instance.</p>