The Upper House discussed the creation of a
"Business Rehabilitation Center"
Chairman of the Upper House Committee on Regulations and Organization of Parliamentary Activity, Andrei Kutepov, held a round table discussing "The need to create a" Business Rehabilitation Center ".

Rehabilitation is one of the procedures carried out during the anti-crisis management of an enterprise.

The round table discussion was attended by the First Deputy Chairman of the Federation Council Committee on Regulations and Organization of Parliamentary Activities Svetlana Goryacheva, Deputy Chairman of the Federation Council Committee on Constitutional Legislation and State Construction Maxim Kavdzharadze, a member of the Federation Council Committee on Economic Policy Vladimir Kravchenko, Managing Partner of the Moscow Law Office "ZASCHITA" Sergey Gaevsky, representatives of federal executive authorities, business, banking community, arbitration managers, public organizations.

In accordance with Federal Law No. 236-ФЗ dated July 3, 2016 "On Public Law Companies in the Russian Federation and on Amendments to Certain Legislative Acts of the Russian Federation", the participants proposed to create a "Business Rehabilitation Center" in the form of a joint stock company, the only stakeholder of which will be the Russian Federation. The "Business Rehabilitation Center" is created in order to carry out managerial functions aimed at preventing bankruptcies and restoring the solvency of companies that are in debt.

Sergey Gaevsky noted that the main mission of the "Business Rehabilitation Center" is to support and assist entrepreneurs in maintaining their businesses. As part of its function, the Business Rehabilitation Center will provide informational, analytical and legal assistance to entrepreneurs, help restructure debt obligations, and ensure the involvement of a sanator & investor to prevent bankruptcy and restore the debtor's solvency. Providing support and assistance to entrepreneurs in preserving businesses will provide an increase in tax revenues to regional budgets, help reduce social tensions in the regions, increase their investment attractiveness, and will also increase entrepreneurs' confidence in the state and government support measures.
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