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Legal Framework for a Sole Proprietor’s Insolvency (Bankruptcy) – a Comparative Legal Analysis

Student: Artem Bezinov

Supervisor: Alexandr Pchelkin

Faculty: Faculty of Law

Educational Programme: Jurisprudence (Bachelor)

Final Grade: 10

Year of Graduation: 2017

The paper conducts a comparative analysis into a sole proprietor’s insolvency (bankruptcy) on the basis of two editions of Federal Law No. 127-FZ of October 26, 2002 [On insolvency (bankruptcy)]. It also investigates the efficiency of such bankruptcy procedures, like receivership, financial rehabilitation, external administration, winding up, restructuring of the individual's debt and sale of the individual's assets. Special consideration is paid to abandoning the receivership procedure and its value in case of sole proprietor’s insolvency (bankruptcy). The key issue considered in the project proposal is justifiability of instituting the individual person’s bankruptcy procedures for sole proprietors.

Full text (added May 14, 2017)

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