The Lawyer’s Newspaper quoted Yulia Shilova

The Lawyer’s Newspaper quoted Yulia Shilova, an attorney with the Restructuring and Bankruptcy Practice at ART DE LEX: “Summing up the discussion, I agree with my colleagues that the problem of meeting creditors’ demands in the bankruptcy process is an important current issue. According to the statistics from Fedresurs.ru for 2018, the registers included claims worth 1,992.4 billion RUB, of which a total of 102.7 billion RUB was satisfied. I absolutely agree with the author of the article that, in the context of such an insignificant volume of satisfied claims, there is no probability of success for ‘registered’ lenders at all.”

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