Analysis of Some Recent Amendments to the Federal Law «On Insolvency (Bankruptcy)» dated 26.10.2002 No. 127-FZ

This article is a summary of the main changes in the bankruptcy legislation that entered into force on May 29, 2024, introduced by the Federal Law of May 29, 2024 No. 107-FZ "On Amendments to the Federal Law "On Insolvency (Bankruptcy)", to the Federal Law "On Insolvency (Bankruptcy)" dated October 26, 2002 No. 127-FZ. The author sees the purpose of the study in analyzing the changes made to bankruptcy procedures. Based on a comparative analysis of the current and previous versions, conclusions are made on how the changes made affected individual stages of insolvency (bankruptcy) cases. The author analyzed the current judicial practice, statistical data available at the moment. The subject of this study is Russian legislation regulating bankruptcy procedures, the status of persons participating in a bankruptcy case. When writing the article, general scientific and special methods of cognition were used. As a result of the conducted research, the author believes it is necessary to note that the changes introduced by the legislator to the Federal Law "On Insolvency (Bankruptcy)" dated 26.10.2002 No. 127-FZ, first of all, are dictated by the changes that have occurred in the economy, judicial practice in the consideration of individual disputes within the framework of bankruptcy procedures of legal entities. The author believes that as a result of the application of innovations, the burden on the courts will be reduced, and the rights of persons participating in the bankruptcy case will be ensured.

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