Template-Type: ReDIF-Paper 1.0 Author-Name:Radygin Alexandr Author-Name-First: Alexandr Author-Name-Last:Radygin Author-Workplace-Name: Gaidar Institute for Economic Policy Author-Name:Apevalova Elena Author-Name-First: Elena Author-Name-Last:Apevalova Author-Workplace-Name: RANEPA Author-Name:Polezhaeva Natalia Author-Name-First: Natalia Author-Name-Last:Polezhaeva Author-Workplace-Name: RANEPA Title: Evolution of bankruptcy institution: from insolvency of state-owned enterprises towards electronic SRO trading facilities Abstract: Bankruptcy legislation in the post-Soviet Russia was for the first time introduced in 1992 by the Executive Order of the President “On Measures for the Support and Rehabilitation of Insolvent State-Owned Enterprises (Bankrupt Debtors) and the Application of Special Proceedings to Them” No. 623 of June 14, 1992, which stipulated grounds for liquidation of enterprises, special liquidation proceedings such as reorganization, rehabilitation, direct administration of the enterprise, independent management, auctions for sale of enterprise, and other provisions concerning bankruptcy. Classification-JEL: G33, G38, P2, P31 Keywords: Russian economy, bankruptcy, public enterprises Creation-Date: 2016 Revision-Date:2016 Publication-Status: Published in RUSSIAN ECONOMY IN 2015 TRENDS AND OUTLOOKS (ISSUE 37) Length: 11 pages File-URL: https://www.iep.ru/files/RePEc/gai/ppaper/ppaper-2016-246.pdf File-Format: application/pdf File-Function: Revised version, 2016 Handle: RePEc:gai:ppaper:ppaper-2016-246