Monitoring of the Federal Legislation dated 4.08.2009

Decision of the Plenum of the Higher Arbitration Court of the Russian Federation No. 59 of July 23, 2009 on Some Issues of the Practice of Application of the Federal Law on Executive Proceedings in Cases of Bankruptcy

Provides recommendations pertaining to disputes on execution of enforcement documents and improvement of enforcement procedures in cases of bankruptcy.

Decision of the Plenum of the Higher Arbitration Court of the Russian Federation No. 58 of July 23, 2009 on Some Issues of Satisfaction of Pledge Holder Claims in Cases of Pledger Bankruptcy

The explanations are stipulated by the changes in the legislation pertaining, in particular, to the procedure of sale of the pledged property of the debtor.

Order of the Ministry of Finance of the Russian Federation No. 67n of July 1, 2009 on the Form of the Application to Conclude the Contract of Obligatory Insurance of Civil Liabilities of Owners of Transport Vehicles, Form of Insurance Policy of Obligatory Insurance of Civil Liabilities of Owners of Transport Vehicles, Form of the Document Containing Information on the Insurance of Civil Liabilities of Owners of Transport Vehicles under the Contract of Obligatory Insurance

From January 1, 2009, part of authority of the Government of the Russian Federation is handed over to the federal bodies of executive power, including the Ministry of Finance of Russia.