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The Alliance Legal team attended the in-person seminar “Challenging Transactions in Bankruptcy: Key Ideas for Developing the Legal Framework”
29 сентября 2026 г.

We’re sharing our takeaways from a seminar on challenging transactions in bankruptcy proceedings.

The event was hosted by Lextorium educational courses. The speaker was Andrey Vladimirovich Egorov, Candidate of Legal Sciences, editor-in-chief of Tsivilistika, academic director of the Civil Law Club, head of educational programs at Lextorium.com, and professor at HSE University.

The seminar covered several key topics:
🔹 contested theoretical aspects of challenging transactions in bankruptcy;
🔹 the practical implications of choosing a model for challenging transactions;
🔹 singular succession in a chain of transactions;
🔹 suspicious transactions and preferential transactions;
🔹 other important elements of the legal framework.

Alina Manina, Deputy Managing Partner and Head of Alliance Legal’s Bankruptcy Practice, highlighted the legal and procedural issues at the heart of the discussion:

A particularly lively discussion focused on whether transactions should be challenged on bankruptcy-specific grounds or on general grounds under Articles 10 and 168 of the Russian Civil Code. This distinction determines what must be proven and how limitation periods are calculated. Another closely debated issue was whether the consequences of invalidating a transaction should be proportionate to the total amount of registered creditors’ claims. The discussion identified possible approaches where defendants are jointly and severally liable, as well as circumstances in which that proportionality requirement does not apply.

📚 A welcome final touch: the firm’s library received a collection of articles published in honour of Andrey Vladimirovich Egorov’s anniversary.

Thank you to Lextorium for the excellent organisation and thought-provoking seminar. It is always valuable to exchange ideas and return to practice with fresh perspectives!