For a long time, the bankruptcy of the company created negative effects mainly for creditors. Since 2018, the practice of liability of executives and owners of the company-bankrupt has become more common. During the seminar, we spoke about challenges for the management of the company within the framework of modern legal regulation of bankruptcy procedures.
In particular, during the seminar, we considered:
- Types of liability arising in relation to bankruptcy
- Concept of joint and subsidiary liability
- Cases in which the responsibility of the director of the company-bankrupt arises
- Reasons for each type of liability
- Actions for company's management to avoid liability in period of possible insolvency
Speaker:
Denys Kytsenko, partner and head of bankruptcy and restructuring practice, ETERNA LAW. Denys has strong experience in restructuring, national tax, IP and labour litigation. Before joining the ETERNA LAW team, Denys successfully led a number of outstanding cases, representing major International and Ukrainian banks as creditors. Since 2014, he has been noted as a profound specialist in bankruptcy litigation by "The Legal 500" international ranking. Excellent services and high results led Denys to the "Client choice" award for Litigation in Ukraine (London, 2017) and the "Client choice. Top 100 Best lawyers of Ukraine" as a leader of Bankruptcy practice (Kyiv, 2019).
