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Business Risks in the Context of Management Liability

Friday, May 17
14:00 - 15:30

Guards Hall, General Staff Building (6-8, Dvortsovaya sq.)



On a daily basis, managers have to take decisions that might somehow affect the fate of their firm. Taking into account the provisions of the Bankruptcy Law, a “wrong” business decision may have consequences for the manager as well. How can managers protect themselves in case of their company insolvency? At the Kommersant and EPAM event, the experts will cover the following topics:

  • what transaction is a “significantly loss-making” one?
  • how to apply a “business judgment rule”?
  • how to prove an economically feasible plan to get a company out of debts?
  • what external factors may exclude director’s fault?
  • what are recommendations for mangers to protect themselves from subsidiary liability?



Ivan Smirnov, Managing Partner of St. Petersburg Office, Egorov Puginsky Afanasiev & Partners



  • Evgeny Gurchenko, Senior Associate, Head of Litigation Practice in St. Petersburg Office, Egorov Puginsky Afanasiev & Partners
  • Mikhail Popov, Vice-President - Director of Legal Property Department, Hals-development
  • Dmitry Timofeev, Vice-President Legal Affairs, PIK Group
  • Mikhail Kazantsev, Deputy CEO for Corporate and Legal Affairs, JSC Rosgeo
  • Dmitry Larionov, Head of Law Department, Rosspirtprom

* The Programme may be subject to change