THE DEVELOPMENT OF ARBITRATION COURTS’ FUNCTIONS IN THE IMPLEMENTATION OF BANKRUPTCY PROCEDURES IN THE RUSSIAN LEGISLATION

Year: 
2016

Article:

Issue: 
2

Author(s): 
Saenko Julia
Abstract: 

The author explores the development of bankruptcy procedures in the Russian legislation, as well as changing a role of commercial (arbitration) courts in the implementation of bankruptcy procedures. She comes to the conclusion that the Russian legislation has grown from the «procreditor» model of regulation to the «prodebtor» model, under which priority is given to reestablishing debtor’s solvency, not to its liquidation.

Key words: 

role of the arbitration court, bankruptcy procedures, reestablishing debtor’s solvency

Text of the article: 
English