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Purchasing of a Business after Bankruptcy In Russia, as well as in other countries, the purchasing of the companies which have gone bankrupt or being on the verge of bankruptcy for nothing is being wide practiced, which would be followed by restructuring, changing of the management strategy, introduction of new technologies and attraction of investments. As a rule, the purchasing of such business is carried out either in contact to the owners ("a soft variant"), or through the procedure of bankruptcy (the temporary managing director of the company is appointed by the plaintiffs). The specified measure (sale of the enterprise through bankrupting procedure) was fixed in the Federal Law No. 6-FZ of 08.01.1998 ÂŤAbout inconsistency (bankruptcy)Âť. It allowed to preserve the 107  

1. STATE AND MUNICIPAL AUTHORITIES IN ST. PETERSBURG In St. Petersburg the system of state authorities was formed which has statutory object...