Establishing the Percentage Compensation of the Insolvency Receiver in Satisfying the Claims of Subordinated Creditors

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Abstract

The article considers situations of potential conflict of material, personal interest of the insolvency receiver and the interests of other participants of the bankruptcy case in relation to the establishment of compensation of the insolvency receiver for the repayment of claims, which are taken into account in the order preceding the distribution of the liquidation quota. The article illustrates the imperfection of the current legal regulation in this regard. It is proposed to reform the current regulation based on the principle of reasonableness, expressed in the calculation of interest based on the amount of payments that the receiver used to repay creditors' claims, regardless of their legal status.

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About the authors

Fedor Alexandrovich Voronov

Kutafin Moscow State Law University (MSAL)

Email: voronovf@mail.ru
postgraduate student of the Business and Corporate law Department Moscow, Russia

Yuri Alexandrovich Kopchenov

Institute of Legislation and Comparative Law under the Government of the Russian Federation

Email: kaw.arbitr@gmail.com
bankruptcy trustee, Member of the Association of Self-Regulated Organization of Arbitration Managers «Interregional Center of Experts and Professional Managers» (Association SRO «MCPU»), postgraduate student of the Department of Private Law Disciplines Moscow, Russia

References

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