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The Concept and Characteristics of an Entrepreneurial Group as a Special Subject of Legal Relationship of Insolvency (Bankruptcy)

https://doi.org/10.17803/1994-1471.2021.131.10.084-094

Abstract

The modern property turnover is characterized by the presence of a large number of integration associations of economic entities and the existence of relations of economic dependence between them. At the same time, the legal status of such associations is not defined in Russian law due to the dominance of the traditional civilistic approach that presupposes the legal independence of each participant in entrepreneurial activity. In turn, this leads to significant violations of the rights of creditors of such interconnected persons. This is especially evident in the legal relationship of insolvency (bankruptcy), where opposing interests of the parties collide. Moreover, the insolvency of one member of the association may lead to the insolvency of the entire association as a whole. The purpose of this study is to analyze the characteristics of such a new legal category in insolvency law as an entrepreneurial group. The paper examines the rules of Russian law governing the relations of economic dependence between the subjects of property relations, and the main doctrinal approaches to this problem. The paper examines various approaches to the legal definition of an entrepreneurial group in other legal orders and highlights the characteristic features of this legal category. The conclusion is made about the absence of a systematic approach in the Russian legal system to understanding the forms of economic dependence between the participants of property turnover. The author provides a new concept of an entrepreneurial group and explains the necessity of its introduction into the Federal Law of 26.10.2002 No. 127-FZ "On Insolvency (Bankruptcy)".

About the Author

A. E. Senshin
Kutafin Moscow State Law University (MSAL)
Russian Federation

Aleksandr E. Senshin, Postgraduate Student, Department of Entrepreneurial and Corporate Law

ul. Sadovaya-Kudrinskaya, d. 9, Moscow, 125993



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Review

For citations:


Senshin A.E. The Concept and Characteristics of an Entrepreneurial Group as a Special Subject of Legal Relationship of Insolvency (Bankruptcy). Actual Problems of Russian Law. 2021;16(10):84-92. (In Russ.) https://doi.org/10.17803/1994-1471.2021.131.10.084-094

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ISSN 1994-1471 (Print)
ISSN 2782-1862 (Online)