Innovations in bankruptcy procedures

Key Changes in Code of Ukraine on Bankruptcy Procedures: Insights from Hlib Tymofiiuk.

Senior Associate at EQUITY, Hlib Tymofiiuk, provides an in-depth analysis of the latest amendments to the Code of Ukraine on Bankruptcy Procedures, which took effect in 2025, in his article for LIGA ZAKON.

What’s new?

• Preventive restructuring – a fresh approach to helping businesses stay afloat.
• Reduced influence of interested persons – ensuring fairer bankruptcy proceedings.
• Enhanced protection for secured creditors – including the right to foreclose on collateral outside of bankruptcy cases.

How will these changes impact businesses and creditors? Read the full analysis in the article in Ukrainian.