Vicarious Liability of Controlling Persons in the Event of Bankruptcy of a Legal Entity Caused by Prejudicial Transactions

Student: Shal Mayya

Educational Programme: Jurisprudence (Bachelor)

Final Grade: 8

Year of Graduation: 2019

The major purpose of this study is to develop an understanding of comprehensive vision of the concept of vicarious liability of the persons controlling the debtor for bringing to bankruptcy by prejudicial transactions. The problem of defining the peculiarities of the updated mechanism for bringing a person to vicarious liability, as well as identifying legislative gaps, unresolved issues and potential abuses of the right within the framework of the institution of subsidiary liability, is covered.

Full text (added May 10, 2019)

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