Open AccessInsolvency (bankruptcy) of a legal entity as a legal measure responsibility
Author(s) -
Aigul Mirzaeva
Publication year - 2020
Language(s) - English
DOI - 10.18411/lj-11-2020-234
Subject(s) - debtor , bankruptcy , insolvency , sanctions , interpretation (philosophy) , enforcement , business , liability , law , law and economics , creditor , political science , debt , accounting , economics , finance , philosophy , linguistics
This article is aimed at considering the essence and significance of the institution of insolvency (bankruptcy) as a measure of legal liability. The author States that this interpretation is controversial. The author notes the transformation of the law enforcement approach to the sanctioned nature of the bankruptcy category and the possibility of imposing sanctions on the debtor's controlling persons.