Analysis of the modern nature of bankruptcy institution in the Russian Federation

The purposes of this article are to reasonably determine the nature of the institution of bankruptcy and assess its impact on law enforcement practice.   The basic methods of the article are: historical review, substantive (content) analysis, causal analysis, statistical (horizontal and vertical) re...

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Main Authors: L. A. Mostovaya, S. A. Antonov
Format: Article
Language:English
Published: Publishing House of the State University of Management 2025-01-01
Series:Вестник университета
Subjects:
Online Access:https://vestnik.guu.ru/jour/article/view/5673
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author L. A. Mostovaya
S. A. Antonov
author_facet L. A. Mostovaya
S. A. Antonov
author_sort L. A. Mostovaya
collection DOAJ
description The purposes of this article are to reasonably determine the nature of the institution of bankruptcy and assess its impact on law enforcement practice.   The basic methods of the article are: historical review, substantive (content) analysis, causal analysis, statistical (horizontal and vertical) research of data on bankruptcy procedures, observation of consequences.   Methodologically, the work is based on a brief description of historical milestones in the development of the institute of bankruptcy and on the analysis of the transformation of understanding the essence of the concept of insolvency in various editions of the Federal law. Then causal relationships are established, reflecting the key changes in the current Federal law No. 127 of October 26, 2002 and a hypothesis is expressed about the liquidation nature of the institution. Using open statistical data from official bodies and current research by specialists on the subject of the article, the authors reasonably confirm the initial hypothesis (quantitative characteristics are given). The work is completed with an assessment of the impact of the liquidation nature of the bankruptcy institution on the law enforcement practice and the negative consequences of this state of affairs are revealed, which necessitates (determines the expediency) an additional study of the causes. The main results of the article can be applied in the practice of teaching such disciplines as anti-crisis management, legal foundations of insolvency (bankruptcy), arbitration process. A fairly clear justification of the nature and consequences of the functioning of the modern institution of bankruptcy can be considered a contribution to science. Practical usefulness is manifested in the indication of weak points of the legislation that are applied for the purpose of unfair enrichment.
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spelling doaj-art-dced4de8a7a24e70822c935c750a496e2025-02-04T08:28:24ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152025-01-0101115016010.26425/1816-4277-2024-11-150-1603264Analysis of the modern nature of bankruptcy institution in the Russian FederationL. A. Mostovaya0S. A. Antonov1Non-Profit Partnership “Self-Regulated Organisation of Arbitration Managers “Development”State University of ManagementThe purposes of this article are to reasonably determine the nature of the institution of bankruptcy and assess its impact on law enforcement practice.   The basic methods of the article are: historical review, substantive (content) analysis, causal analysis, statistical (horizontal and vertical) research of data on bankruptcy procedures, observation of consequences.   Methodologically, the work is based on a brief description of historical milestones in the development of the institute of bankruptcy and on the analysis of the transformation of understanding the essence of the concept of insolvency in various editions of the Federal law. Then causal relationships are established, reflecting the key changes in the current Federal law No. 127 of October 26, 2002 and a hypothesis is expressed about the liquidation nature of the institution. Using open statistical data from official bodies and current research by specialists on the subject of the article, the authors reasonably confirm the initial hypothesis (quantitative characteristics are given). The work is completed with an assessment of the impact of the liquidation nature of the bankruptcy institution on the law enforcement practice and the negative consequences of this state of affairs are revealed, which necessitates (determines the expediency) an additional study of the causes. The main results of the article can be applied in the practice of teaching such disciplines as anti-crisis management, legal foundations of insolvency (bankruptcy), arbitration process. A fairly clear justification of the nature and consequences of the functioning of the modern institution of bankruptcy can be considered a contribution to science. Practical usefulness is manifested in the indication of weak points of the legislation that are applied for the purpose of unfair enrichment.https://vestnik.guu.ru/jour/article/view/5673insolvencybankruptcyrehabilitation proceduresliquidation naturefinancial recoveryexternal managementrestoration of solvencyarbitration manager
spellingShingle L. A. Mostovaya
S. A. Antonov
Analysis of the modern nature of bankruptcy institution in the Russian Federation
Вестник университета
insolvency
bankruptcy
rehabilitation procedures
liquidation nature
financial recovery
external management
restoration of solvency
arbitration manager
title Analysis of the modern nature of bankruptcy institution in the Russian Federation
title_full Analysis of the modern nature of bankruptcy institution in the Russian Federation
title_fullStr Analysis of the modern nature of bankruptcy institution in the Russian Federation
title_full_unstemmed Analysis of the modern nature of bankruptcy institution in the Russian Federation
title_short Analysis of the modern nature of bankruptcy institution in the Russian Federation
title_sort analysis of the modern nature of bankruptcy institution in the russian federation
topic insolvency
bankruptcy
rehabilitation procedures
liquidation nature
financial recovery
external management
restoration of solvency
arbitration manager
url https://vestnik.guu.ru/jour/article/view/5673
work_keys_str_mv AT lamostovaya analysisofthemodernnatureofbankruptcyinstitutionintherussianfederation
AT saantonov analysisofthemodernnatureofbankruptcyinstitutionintherussianfederation