Temporary peace before a storm – amendments to the Estonian Bankruptcy Act

Triniti

Proposed amendments to the Bankruptcy Act will suspend the obligation of the members of the management board to submit the bankruptcy petition during emergency situation and two months after its termination. Alsothe expiry of the time limits for revoking transactions after declaration of bankruptcy is suspended at beforementioned period. The bill on amendments shall be passed on 20.04.2020. 

Read more (in Estonian)

Leave a Reply

Your email address will not be published. Required fields are marked *