Since 2014, Russian law has provided participants in companies whose activities are blocked by a corporate conflict with the opportunity to demand the judicial liquidation of such a company.

Before the introduction of this norm, societies in which corporate wars raged for a long time were almost doomed to bankruptcy, and their participants were doomed to huge material losses.

Now the situation may change, since liquidation allows you to stop corporate disputes at a relatively early stage and distribute the company’s property among the participants after settlements with creditors.

More detailed information can be found in the reviewprepared by the head of the tax and corporate practice of MGAP Pavel Shaidurov and mgAP junior lawyer Denis Zverev.