Open AccessThe Ways to Correct System Errors in the Insolvency Trustees Training
Author(s) -
Овчинников Александр Владимирович
Publication year - 2019
Publication title -
vestnik nguèu
Language(s) - English
Resource type - Journals
ISSN - 2073-6495
DOI - 10.34020/2073-6495-2019-4-197-207
Subject(s) - insolvency , bankruptcy , legislation , liability , business , compensation (psychology) , accounting , actuarial science , law , political science , finance , psychology , psychoanalysis
The steady increase in the size of compensation for damage caused by insolvency trustees while they performing professional duties is not only a result of stricting legislation, but may be a direct result of the decline in the professional level of by insolvency trustees. The author analyzes the possible reasons of this phenomenon, and proposes to put the analysis of liability measure applied to insolvency trustees as the basis for the system of training insolvency trustees. The author also points to the fact that the existing system of insolvency trustees training has not changed for more than 10 years, despite the fact that the insolvency (bankruptcy) legislation changes on average 5 times a year.The author points to the need for annual updating of the training program for insolvency trustees.