Банкротство иностранных банков: в серой зоне между общими и специальными правилами трансграничной несостоятельности. Часть 1.

Журнал ВШЭ по международному праву. 2025. Т. 3. С. 31–48.

Mokhova E., Крючкова Ю. А.

The article analyses approaches to the regulation of foreign banks bankruptcies from the point of view of applying to them general rules of cross-border insolvency regulation according to the modified universalism and effects of delimitation of COMI- and establishment proceedings as it is stated in the UNCITRAL Model Law on Cross-Border Insolvency of 1997 (lex generalis). The full and truncated clauses on the legislators' exclusion of banks from the cross-border insolvencies lex generalis are examined. The authors draw attention to the legislators' approaches and court practice. The truncated clause reflects an approach in which a bank's local asset that is not involved in the functions of a credit institution under local law (assets or branches of a bank without a national banking license) can be covered by the cross-border insolvency lex generalis and can be allocated from the perspective of the effects of COMI-proceeding and establishment-proceedings. Such truncated clause may act as a minimum guarantee for the effective management of foreign bank assets in the event of its cross-border insolvency until the State establishes specific regulation in this area.

Keywords: cross-border insolvency, признание иностранных банкротств, основное производство, трансграничная несостоятельность (банкротство), main proceeding, bankruptcy of foreign banks, foreign insolvency proceeding recognition, банкротство иностранных банков

Publication based on the results of: International protection of economic rights in the context of sanctions (2025)