Bankruptcy vs Rescue Plan – this hot topic will be discussed by the participants of the VI Agricultural Forum "Grain of Russia - 2022"which will pass 18 February 2022 year in Krasnodar.
Ivan Gulin, a partner of the RCT law firm specializing in support of bankruptcy procedures, anti-crisis asset management and legal support of investment projects, will make a presentation "Agricultural land collector: the intricacies of managing agricultural assets for an investor".
Today, despite the development of the agro-industrial complex and the significant success of Russian agriculture on the world stage, unfortunately, the recognition of even the largest players in the industry as insolvent is not uncommon.
At the same time, the opening of bankruptcy proceedings should not always be viewed in a negative light, as something that entails the inevitable death of the company, because, as practice shows, bankruptcy can become a driver, a kind of growth catalyst that will bring production to a new level.
As part of his speech, the speaker will highlight the following topical issues for the industry:
— On the example of specific cases (2-3 most “loud” ones in the media), he will reveal the negative consequences of inefficient bankruptcy of agricultural enterprises: he will give examples of bringing CDL to subsidiary liability, the death of livestock / crops, the sale of an asset at the price of scrap metal, etc.
– In contrast to the cases described above, the speaker will talk about successful agricultural bankruptcies, in which it was possible to save the enterprise, sell its assets at the maximum price to the profile investor and ensure the greatest satisfaction of requirements;
– In addition, successful cases that were implemented in other sectors of the economy (development, jewelry business) will be described - tools were used there that can also be applied in the bankruptcy of an agricultural enterprise; additional emphasis will be placed on the asset replacement procedure.
Forum sponsors: RKT, Shimadzu, Bayer, Rostselmash, Russian Railways.
The event will be held both online and offline.