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Correction of errors
18.05.2016
According to most lawyers, the most important event of the past year is the Civil Code reform, although not all ideas of almost seven years ago have been executed. The concept of development of civil legislation was prepared by the Council under the president of Russia on codification already back in 2009. After 3 years a major draft law on amendments to all parts of the Civil Code was discussed in the St. Petersburg International Legal Forum. Their introduction and enactment was planned to be carried out in only half a year. However, public discussion proved the dangers of such a hurry. As a result, the document was divided into sections, some of them have not been considered yet.
Notwithstanding this slow pace, experts give a positive assessment of the reform as a whole and the amendments that entered into force in the past year. Last year other important projects were also carried out, many of which were discussed in the St. Petersburg International Legal Forum.
Managing partner of YUST Law Firm Evgeny Zhilin told the supplement to RBK newspaper “St. Petersburg International Legal Forum - 2016” that he considers important the implementation of the procedure of personal bankruptcy. “The adoption of this law has been expected for more than ten years. It will allow most citizens to get rid of old financial problems. At the same time, it provides a rather effective mechanism for creditors to recover at least a part of the funds they gave out.”
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According to most lawyers, the most important event of the past year is the Civil Code reform, although not all ideas of almost seven years ago have been executed. The concept of development of civil legislation was prepared by the Council under the president of Russia on codification already back in 2009. After 3 years a major draft law on amendments to all parts of the Civil Code was discussed in the St. Petersburg International Legal Forum. Their introduction and enactment was planned to be carried out in only half a year. However, public discussion proved the dangers of such a hurry. As a result, the document was divided into sections, some of them have not been considered yet.Notwithstanding this slow pace, experts give a positive assessment of the reform as a whole and the amendments that entered into force in the past year. Last year other important projects were also carried out, many of which were discussed in the St. Petersburg International Legal Forum.
Managing partner of YUST Law Firm Evgeny Zhilin told the supplement to RBK newspaper “St. Petersburg International Legal Forum - 2016” that he considers important the implementation of the procedure of personal bankruptcy. “The adoption of this law has been expected for more than ten years. It will allow most citizens to get rid of old financial problems. At the same time, it provides a rather effective mechanism for creditors to recover at least a part of the funds they gave out.”
Read more
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