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An article by Yulia Shilova for RBC.Pro: How can a bankrupt change the order of priority of debt repayment in favour of its employees

A wave of bankruptcies is going to overwhelm the world. Some companies will be operating under the supervision of arbitration managers, while others will be liquidated. Both will have to repay their  payroll debts to their employees. How can they do it prior to making contributions to the budget?

 

Yulia Shilova, an attorney of the ART DE LEX Business Restructuring and Bankruptcy Practice, analyses this issue.

 

The original article is published at RBC.