Mr. Artem Kukin, a Partner at the Law Firm “YUST” has taken part in Open Event “Navigating through the Downturn: Restructuring and Bankruptcy Procedures.”

Financial difficulties faced by companies under the global financial crisis and problems with liquidity often lead many companies to default on their debts or even to bankruptcy. In this case, bankruptcy proceedings could be a solution of debt recovery. And the joint interests of all parties (business owners, managers, creditors, and employees) ought to be balanced in the course of the bankruptcy proceedings.

Professionals who are experts in all aspects of the reorganization and restructuring of financially troubled businesses have participated in the event. The participants in the event have discussed topical restructuring & bankruptcy issues, representation of clients’ interests during the insolvency process, commercial facets of the restructuring, tax issues related to the restructuring of companies’ debts amid the crisis.

The Law Firm “YUST” as an AEB member was represented by Mr. Artem Kukin, a partner at the firm.