On October 28, Grodno / Elena Stasyukevich - BELTA /. The number of bankruptcy and reorganisation cases of enterprises in the economic courts of Belarus has decreased. This was announced to journalists by the Chairman of the Supreme Economic Court of Belarus, Viktor Kamienkov. Today, he held a reception for citizens in Grodno, reports BELTA correspondent. The situation with the recognition of enterprises as economically insolvent has stabilised thanks to timely adopted regulatory acts, including those aimed at preventing such phenomena. Work is currently underway on a new version of the law on economic insolvency (bankruptcy), the amendments and additions to which should provide support for Belarusian organisations and social guarantees for citizens. In total, more than 1,000 cases of bankruptcy and reorganisation of enterprises are pending in the economic courts of the country. At the same time, Viktor Kamienkov emphasised that "there are practically no processes that are painful for a large number of people." "The main efforts in the country are directed towards preventing the economic insolvency of enterprises, so most of the cases being considered concern economic entities that have practically ceased their production and economic activities," said the Chairman of the SEC. Of the cases that do reach the court, a decision on bankruptcy is made in almost 90% of them. Viktor Kamienkov also noted that the institution of anti-crisis managers is working quite effectively in Belarus. However, there is a need for clear specialisation in their training, in particular, specific liquidators and reorganisation managers, as is done in world practice. In essence, liquidators are lawyers, while reorganisation managers should be strong economists, future enterprise managers. According to the Chairman of the SEC, among the appeals to the economic courts, there are currently a particularly large number of disputes over settlements. Another problem is the inattentive study of contracts concluded between entities. New categories of cases related to advertising are appearing more and more frequently. Claims arise from consumers because they do not pay attention to "insignificant" information presented in small print, etc. A typical situation: advertising promises one price for a product, but in reality, taking into account various payments, it increases significantly. For advertisers, this is a common practice, and courts often have to resolve such cases, added Viktor Kamienkov. -0-

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