On September 23, 2020, the Online Forum “ANTI-CRISIS MANAGEMENT AND NEW OPPORTUNITIES IN THE BANKRUPTCY PROCEDURE – 2020” was successfully held. The organizer of the Forum was the BUSINESS-FORMAT Company. The Forum was attended by Heads of Companies, Corporate Lawyers (in-house), practicing Attorneys and Law Firms, Banks and Financial Companies, Arbitration Trustees and Auction Organizers, as well as Representatives of the authorities and the Judiciary. 

Relevance of the event: It is no longer a secret that the consequences of the global Covid-19 pandemic will be very negative for the economy, both in individual countries and for the world economy as a whole. And Ukraine, unfortunately, is no exception. During the period of the quarantine, some economic sectors completely or partially ceased their activities, which will subsequently have irreversible economic consequences. Such businesses will have to look for a way out of this situation. And one of these solutions is bankruptcy proceedings. 

Key blocks of issues that were discussed at the Forum this year

Opening of the Forum: “BANKRUPTCY LEGISLATION – NEW LEGAL AND ECONOMIC REALITIES FOR BUSINESS” 

• Protecting the interests of banks and financial services market participants in bankruptcy procedures.                                                                            Speaker: Elena KOROBKOVA – Executive Director of the Independent Association of Banks of Ukraine (NABU)
• Comparison of the effectiveness of bankruptcies of banks and legal entities.                                                                                                                         Speaker: Olga BILAY – Deputy Director-Managing Director of the Deposit Guarantee Fund for Individuals 
• Planned changes in the legal regulation of bankruptcy procedures.                                                                                                                                           Speaker: Andrey DZHURA – Deputy Director of the Department – Head of the Legal Support Department of the Problem Assets Department of PJSC “FUIB” 

Session “B2B” (BANKRUPTCY to BUSINESS): “OR HOW THE BANKRUPTCY PROCEDURE CAN BE USEFUL FOR BUSINESS” 

• Bankruptcy procedure as a tool for bringing a business out of the crisis. Procedure for a debtor wishing to keep the business.                                   Speaker: Yulian Khorunzhiy – Senior Partner of ARIO LAW FIRM
• Professional secrets of effective bankruptcy and mechanisms to ensure a balance of interests of participants in bankruptcy proceedings.                Speaker: Vadim KIZLENKO – Counsel, Attorney, Arbitration Manager, Lawyer Association “YURIDICHNA FIRMA” ILLYASHEV TA PARTNER ” 
• What are the features of subsidiary liability in bankruptcy.                                                                                                                                                            Speaker: Evgeniy DYADYUK – Ph.D., Lawyer 
• Pre-trial reorganization is a tool for overcoming the crisis, preserving assets and tax optimization                                                                                      Speaker: Roman ZAGRIA – Managing Partner “PRAVO GARANT”, Arbitration Manager 

Session “B2P” (BANKRUPTCY to PERSON): “INSTITUTE OF INDIVIDUAL BANKRUPTCY: WHAT WILL CREDITORS HAVE?” 

• Individual bankruptcy in Ukraine: yesterday, today, tomorrow.                                                                                                                                                      Speaker: Alexander BIRYUKOV – Doctor of Law, Counselor of the LCF Law Group, President of the All-Ukrainian Samovryadna Organizaciya Fakhivtsiv Competition Process 
• Current judicial practice of the Supreme Court in bankruptcy cases.                                                                                                                                          Speaker: Oleksandr BANASKO – Judge of the Commercial Court of Cassation as part of the SUPREME COURT, the Trial Chamber for considering bankruptcy cases 
• Identification of the threat of insolvency of the debtor by the arbitration managers during the analysis of his financial and economic condition.      Speaker: Nikolay ZANKO – Arbitration Manager, Chairman of the Board of the All-Ukrainian Association of Arbitration Managers, Director of the Solvency Recovery Center 

Focus Session “on debts”: “ASSETS AND DEBT REPAYMENT IN BANKRUPTCY PROCEDURE” 

• Examples of successful sales cases and professional secrets of the successful sale of the debtor’s property.                                                                  Speaker: Yulia MOSKVA – Arbitration Manager
• Identification of unscrupulous creditors. Obstacles to the emergence of “technical voices” in bankruptcy proceedings.                                                  Speaker: Roman OBEREMKO – Lawyer, Arbitration Manager, Judge of the permanent Arbitration Court at the Association of Ukrainian Banks. 
• Peculiarities of selling lots of bankruptcy proceedings in the ProZorro system.                                                                                                                        Speaker: Sergey SAGUN – CEO “SmartTender” (electronic trading platform (ETP) for organizing state and commercial tenders) 
• Is there a place for new technologies in bankruptcy proceedings and will they make the procedure faster and more transparent?                                  Speaker: Alexey SOBOLEV – Director of DP “PROZORRO.PRADAZHI”

The indisputable advantage of the Forum is its practical orientation and access to professional information “first hand”, as well as an excellent opportunity for direct dialogue with high-level speakers, exchange of experience with colleagues, as well as expanding the circle of partners and clients! 

We also thank all participants and Speakers for their active participation in the Forum program, as well as all Partners for their cooperation and support! 

Organizer of the Forum – BUSINESS-FORMAT Company 

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