Mikhail German, partner of the Varshavsky and Partners

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tanjimajuha20
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Mikhail German, partner of the Varshavsky and Partners

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Second, it is necessary to cancel the mandatory observation procedure if it is obvious that it is impossible to restore the debtor's solvency. According to the results of 2023, in 99% of cases, the legal entity was liquidated through the introduction of bankruptcy proceedings. In addition, many professional creditors, including the Federal Tax Service, have automated systems that predict the likelihood of restoring the debtor's solvency. And if all the forecasts show that it will not be possible to restore the debtor's solvency, there is no need to introduce the observation procedure - you can immediately proceed to the bankruptcy.

Third, the bidding model sweden whatsapp resource needs to be changed: from two-stage upward bidding to the Anglo-Dutch auction model. The current mechanism provides for two upward bidding stages, during which property is usually not sold. Therefore, in 90% of cases, downward bidding begins in the form of a public offer. Excessive bidding stages in most situations take at least three months and entail material and organizational costs for the participants in bankruptcy relations.

law firm, noted that in this case the proposed initiative may apply to the bankruptcy of individuals, and not to all of them. "The problem of bankruptcy and duration lies precisely in the search for the debtor's assets and dubious transactions that can and should be challenged. For legal entities, this is generally difficult to apply. The use of neural network systems is possible without a global change in laws as a method of automating the work of an arbitration manager. To do this, it is necessary to give the status of evidence to artificial intelligence reports," he emphasized.

Pavel Katkov, founder of the law firm Future Legal, believes that the professional community of arbitration managers should evaluate the bank's initiative in a substantive manner, and it would be premature to change federal legislation without taking their opinion into account. "At the same time, steps to introduce artificial intelligence into legal work at an increasingly high level should be recognized as steps towards development. I am convinced that the more operations are given over to technological legaltech solutions, the more productive the lawyers who manage these solutions will become," the lawyer noted.
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