Wednesday, 15 May
08:30 - 09:45
Gray Hall, General Staff Building (6-8, Dvortsovaya sq.)
Business owners often take for granted that their liability is limited to the contribution they made when establishing the enterprise, and that, even under the worst-case scenario, the greatest punishment they might face is losing the business. Recently, both lawmakers and courts have dramatically changed their approach to this issue. Today, a businessperson’s liability has become very similar to how things were several centuries ago, before the concept of a limited liability company took its final shape. The sheer magnitude of many lawsuits and the complexity of legal structures employed are often surprising to the imaginations of even the most experienced professionals.
At the business breakfast arranged by Kommersant Publishing House at the St. Petersburg International Legal Forum, we will take a closer look at the nuances of exposing business owners to personal liability, with a focus on finding and seizing assets, comparing the relevant aspects of both Russian and foreign legal practices, recovering debt from straw parties and affiliates, and challenging illegal transactions.
Alexander Moskovkin, Chief of Law Section, Rossiyskaya Gazeta newspaper
* The Programme may be subject to change
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