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  • Глобализация трансграничных банкротств в России: опыт движения на запад и перспективы развития в евразийском направлении

Article

Глобализация трансграничных банкротств в России: опыт движения на запад и перспективы развития в евразийском направлении

Закон. 2017. № 5. С. 124-137.

The paper analyses the development of such phenomena as globalization of cross-border insolvency cases in Russia in their increasing complexity and multi-jurisdictional nature. A retrospective of westbound bankruptcies is presented by the cases of recognition of Russian proceedings in Western Europe and USA, where near-insolvent debtors frequently siphon off their assets and migrate themselves. The prospects for bankruptcies globalization in the Eurasian direction (into the EAEU states) are assessed in terms of three factors, including classical freedoms of integration, freedom of judgments’ movement, and access of foreign persons to domestic bankruptcies. For finding solutions, the author notes the importance of examining the extensive experience worldwide and cross-border insolvency regulation models throughout  Europe, Latin America, Africa, and Asia.