Services of a bankruptcy trustee

Ilya Rusyaev
Bankruptcy trustee, lawyer, managing partner at “Rusyaev & Partners”

"During more than 17 years of legal practice, we have successfully completed 95 bankruptcy procedures, saving over 17 billion rubles ($ 226,6 million) for our clients..."

Ensuring support and protection of the legal rights and interests during the bankruptcy procedure of a legal entity.

Receive an assessment of your situation and a personal consultation from Ilya Rusyaev

About bankruptcy problems and risks in 1,5 minutes from bankruptcy trustee Ilya Rusyaev

Which of the two situations are you in?

The appointment of a bankruptcy trustee is an integral part of the bankruptcy procedure of a legal entity. The trustee is appointed by the arbitration court. The advantage of selecting a trustee lies with the party initiating the company's bankruptcy. The debtor, a competing creditor, competent authorities, as well as employees or former employees of the debtor with claims for severance pay and/or wages, can plunge into bankruptcy.

Your company's bankruptcy

You are facing the bankruptcy of your private company — overdue debts exceeding 300 000 rubles ($ 4 000) for more than 90 days, and you are unable to repay the debts. The bankruptcy procedure has already been initiated, not by you but by one of the creditors or by the tax authorities.

01

The debtor company's bankruptcy

The company has not repaid a debt of more than 300,000 rubles ($ 4 000) to you for over 3 months, and you realise that the debtor is unable to fulfil financial obligations. The debtor's bankruptcy procedure has already been initiated.

02

What are the risks of bankruptcy if a bankruptcy trustee is appointed without your involvement?

The trustee is a key figure in a bankruptcy case. They oversee the entire process, including making determinations of intentional bankruptcy, applying to court for subsidiary liability of the debtor’s controlling persons, etc. They also maintain complete control and management over the debtor's finances and assets. In practice, the initiative often shifts to the party involved in choosing a bankruptcy trustee. If the trustee is chosen without your involvement, there is a high probability of encountering several problems.

Challenging transactions for the past 3 years (in some cases, you may need to prove your innocence).

In cases of a company's bankruptcy:

Sale of assets significantly below their value.

Attempt to hold executives, shareholders, and other controlling persons subsidiary liable.

Prohibition on discharging personal debts after bankruptcy.

In debt recovery cases:

Improper transfer of company assets.

Transfer of assets to third parties.

Ignoring creditors’ demands.

Appointment of a nominal director who hides from creditors and tax authorities.

To satisfy your demands and expedite the procedure, it is important to choose a bankruptcy trustee in advance. When applying for bankruptcy, it is necessary to indicate the self-regulatory organisation (SRO) which the trustee of your interest is related to.

If the bankruptcy procedure has already been initiated and the bankruptcy trustee fails to fulfil the obligations properly, we will do everything possible to replace the trustee in accordance with the law.

We strive to ensure support and protection of your legal rights as a debtor or a creditor in the bankruptcy procedure

95

bankruptcy procedures successfully completed

17+

Ilya Rusyaev
Bankruptcy trustee, lawyer, director at “Rusyaev & Partners”

years of legal practice

My key objective as a bankruptcy trustee is to efficiently navigate through all the stages of the procedure within the shortest time possible. It is essential to logically finalise the procedure considering legal requirements, rights, and interests of all parties involved.

• For debtors, the goal is to overcome the crisis in the company, restore solvency, write off debts, and legally close the company if necessary.
• For creditors, the aim is to ensure the maximum recovery of the debt.

17 млрд.

Over 17 billion rubles ($ 227 million) saved for our clients

For over 17 years, I have been protecting business interests in bankruptcies and tax disputes, including the work as a bankruptcy trustee in Moscow and other cities in Russia. By engaging me as your trustee, you can be assured of competent procedure management. In accordance with the law, like any other bankruptcy trustee, I bear financial responsibility to the participants of the procedure.

Receive an assessment of your situation and a personal consultation from Ilya Rusyaev

Bankruptcy trustee's service cost

We ensure the execution of all legally prescribed bankruptcy procedures including observation, financial recovery, external management, and bankruptcy proceedings. The scope of tasks performed by a bankruptcy trustee includes:

01

Consultation for debtors and creditors regarding issues arising during the procedure.

02

Conducting an in-depth analysis of the debtor company's activities and documentation.

03

Evaluation of the assets, ensuring their preservation, conducting a financial audit of the company, and asset sales.

04

Arrangement and holding creditor meetings.

06

Compilation of a register with creditors' claims included in.

07

Preparation and submission of detailed reports at each stage of the procedure.

08

Other tasks on demand.

05

Participation in bankruptcy-related court proceedings.

Starting from 300,000 rubles ($ 4 000) per month.

Стоимость юридического сопровождения процедуры банкротства

The prices for legal services depend on the circumstances of the case and various nuances. The monthly cost is calculated on a transparent and individual basis after analysing your situation.

Debt of 271 million rubles ($ 3,6 million) repaid without bankruptcy proceedings

What is the key aspect of a lawyer's work?

5 points on what a good lawyer should do

Top 3 criteria of a good lawyer

The reasons why you can trust us to provide legal support for the bankruptcy procedure

17 years of defending clients' interests in tax disputes

200+ successful cases of various complexity annually

32 successful tax audits completed

370 companies successfully liquidated

95 bankruptcy procedures finalized

Over 17 billion rubles ($ 226 666 666,67) saved for our clients

Ilya Rusyaev

Director of the law firm "Rusyaev and Partners"

What you get when choosing "Rusyaev & Partners"

Comprehensive support

You save not only money but also time. We initiate and control all processes, establish effective communication with creditors and government agencies, and bring bankruptcy to the predicted outcome.

01

Predictable outcome

You understand in advance what risks for the company and stakeholders are involved in the procedure. We provide a step-by-step action plan, outlining the optimal result and the ways to achieve it.

02

Resolution of complex issues

You resolve tax and legal issues quickly and efficiently. Our high-level contacts and – the status of our company's leaders and partners, enable us to find solutions promptly in contentious situations.

03

Absolute confidentiality

Maximum honesty is the key to our successful collaboration. You can provide us with any confidential information without fear. We guarantee its security and sign a non-disclosure agreement.

04