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https://er.nau.edu.ua/handle/NAU/40276| Title: | Classification and protection of the rights of creditors in bankruptsy cases |
| Authors: | Yuldeshev, S. Kozyreva, V. |
| Keywords: | creditors code of bankruptcy procedres |
| Issue Date: | 1-Jul-2019 |
| Publisher: | Національний авіаційний університет |
| Citation: | Yuldashev S. Classification and protection of the rights of creditors in bankruptsy cases / S. Yuldashev, V. Kozyreva. // Юридичний вісник. Повітряне і космічне право. – 2019. – №2. – С. 146–152. |
| Series/Report no.: | Юридичний вісник. Повітряне і космічне право;2 (51), 2019 |
| Abstract: | The rights’ protection of creditors is one of the most important tasks of legal regulation and a guarantee of the stability of public economic order. Indicators of the effectiveness of influence on social relations is the return of debts to creditors by insolvent debtor. Violation by the Economic Court of a proceeding on a bankruptcy of a business entity may significantly affect the further economic activity of its creditors. Each of the creditors has a personal interest in the outcome of the bankruptcy case, since the effectiveness of the procedures, which is applicable to the debtor, depends on further satisfaction of the creditors’ demands. |
| Description: | Purpose: the article investigates up-to-date issues of the institute’s development of competitive creditors. Some types of creditors are classified according to the Code of Bankruptcy Procedures, and the Law of Ukraine «On Restoration of the Debtor's Solvency or Recognition as a Bankrupt», and their rights to ensure claims. Methods of research: a set of general and special methods of scientific knowledge – terminological, logical-semantic, comparative, system-structural, logical-normative. Results: the analysis of the current situation regarding the illustration of domestic normative sources in accordance with the Code of Bankruptcy procedures suggests that in order to protect the rights of creditors, the Code enhances their rights and improves their terms of participation in the bankruptcy procedure. Creditors can now initiate a bankruptcy case, participate in voting in decision-making. Also, a creditor may demand a court the decision to terminate the moratorium on its claims regarding the collateral. Key powers in bankruptcy cases are transferred from the creditors committee to the creditors meeting. If the first meeting of creditors is not considered to be hold due to the non-arrival of creditors with a sufficient number of votes, it may be possible to hold other meeting with the reduced quorum. Discussion: the main realities of the domestic legislative and regulatory framework, which need improvement, are proposed to be divided into separate groups of registers, current and privileged creditors with their internal delimitation. |
| URI: | http://er.nau.edu.ua/handle/NAU/40276 |
| Appears in Collections: | Наукові статті кафедри господарського, повітряного та космічного права |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| 23.pdf | Yuldashev S. Classification and protection of the rights of creditors in bankruptsy cases / S. Yuldashev, V. Kozyreva. // Юридичний вісник. Повітряне і космічне право. – 2019. – №2. – С. 146–152. | 372.45 kB | Adobe PDF | View/Open |
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