Civil Liability of Participants of Corporate Relations

Abstract

The paper considers general provisions with regard to civil liability as a type of legal responsibility, types of civil liability. The paper scrutinizes the specificity of civil liability of participants of corporate relations. Also, the paper examines the current legislation and jurisprudence of application of provisions concerning civil liability, determination of criteria of actual possibility and legal characteristics of connectedness relations in the field of corporate relations in insolvency (bankruptcy) cases. Based on the results of the study, the author comes to the conclusion that in order to solve the problems of law enforcement, in order to ensure effectiveness of the application of the existing regulations concerning liability in corporate relations, and taking into account their civil legal nature, it is necessary to specify in normative legal acts the conditions and grounds for civil liability imposed for corporate offenses and to specify the criteria for imposing civil liability or exempting from it on the basis of objective characteristics of "normal conditions of civil law relations or entrepreneurial risk" (Art. 53.1 of the RF Civil Code).