The article substantiates the relevance of cross-border insolvency issues, reviews existing educational
practices in the study of cross-border insolvency. The author gives reasons for the particular importance of
case method in the study of cross-border insolvency issues, and discloses the introduction of case method
and the creation of a practical casebook in “Cross-Border Insolvency”.
The article investigates the legal understanding of corporate governance, which in its modern form began to develop since the mid 70-ies of the last century. Best corporate governance practices, which gradually cleared in the recommended acts then become law and affect not only public companies, but elsewhere. It raises the question of the legal framework of the entire system of corporate governance, legal recognition and protection of all stakeholders.
The article deals with topical issues of reformation of company legislation with regard to specification of rights and obligations of persons participating in the management bodies of economic societies, strengthening of responsibility of the said persons. The article uses legislation and judicial practice of the USA and Great Britain for the purposes of exposure of the contents of obligations of the persons participating in the management bodies of economic societies, creation of the most balanced status of the said persons.
In article published two years ago the author offered readers the analysis of the jurisprudence compelled to look for appropriate criteria for recognition of this or that action by business. In this article research of concept business activity is constructed on the analysis of a constitutional right on business activity and its contents. Thus business activity is considered as a type of economic activity of the person. The author suggests to bring concept of business activity out of the sphere of civil law and to add it with such elements as use of material and non-material resources, creation of workplaces, production of goods. Thus such theoretical problems of formation of this concept as risk and professionalism, and also other signs of business are considered.
This Article traces the history of such an institute of the UK company law as the acquisition by a company of its own shares. The Article deals with the division between the acquisition and the purchase by a company of the shares it placed as well as the two types of share repurchases (on-market and off-market share repurchases). The Article also deals with the legal regime of treasury shares.