Mikhail Mishustin declared reform systems of bankruptcies to Russian Federation

Government of the Russian Federation prepared the bill correcting procedure of bankruptcies, the prime minister Mikhail Mishustin at government meeting declared on May 13. According to him, the law corrects procedure of bankruptcies and the help sets as the purpose to rescue business. "It is necessary not only to the debtor — after all now bankruptcy painfully beats on all participants of process. For last year only 5% of requirements of creditors were satisfied" — Mikhail Mishustin told. He added that employees of the bankrupt enterprises during this time lost about 1,5 billion rubles. "Practice of bankruptcies such is that in most cases elimination businesses...