Insolvency Law Adaptation to the Covid-19 New Challenges: the Process of Destigmatisation and the Focus on the Rehabilitation of Business

The institution of insolvency (bankruptcy) occupies a special place in the state institutions system to support business entities in the recovery process from the crisis, given the selection mechanisms and rehabilitation opportunities inherent in it. Bankruptcy on the global economy scale serves as...

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Autores principales: Koshcheeva Elena S., Minnullina Kamilla A., Folgerova Julia N.
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FR
Publicado: EDP Sciences 2021
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Acceso en línea:https://doaj.org/article/0e7b04fd6e754008861e87a8b5605cde
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spelling oai:doaj.org-article:0e7b04fd6e754008861e87a8b5605cde2021-12-02T17:16:07ZInsolvency Law Adaptation to the Covid-19 New Challenges: the Process of Destigmatisation and the Focus on the Rehabilitation of Business2261-242410.1051/shsconf/202112606005https://doaj.org/article/0e7b04fd6e754008861e87a8b5605cde2021-01-01T00:00:00Zhttps://www.shs-conferences.org/articles/shsconf/pdf/2021/37/shsconf_sdppp2021_06005.pdfhttps://doaj.org/toc/2261-2424The institution of insolvency (bankruptcy) occupies a special place in the state institutions system to support business entities in the recovery process from the crisis, given the selection mechanisms and rehabilitation opportunities inherent in it. Bankruptcy on the global economy scale serves as one of the anti-crisis regulation tools to improve financial and economic stability. The Covid-19 pandemic has actualised the ensuring the bankruptcy law institutional capacity problem by maximising its anti-crisis potential. Given its spread scale, the insolvency law adaptation to the Covid-19 new challenges is a challenge faced by all legal systems without exception. The findings of this study reveal that fragmented and uncoordinated national responses have common trends caused by the unity goal of minimising economically and financially destructive effects of the pandemic. This study objective was to identify the most effective strategy for the bankruptcy institute modernisation, which solution is based on the elements comparative analysis and convergence methods. In conclusion, the bankruptcy institute development basic tendencies and patterns have been revealed. Their analysis has allowed designating the legislation perfection most effective and perspective strategies in this sphere, which are determined by the course to aim at its anti-crisis potential development.Koshcheeva Elena S.Minnullina Kamilla A.Folgerova Julia N.EDP Sciencesarticlecovid-19 new challengesthe process of destigmatisationrehabilitationinsolvencybankruptcySocial SciencesHENFRSHS Web of Conferences, Vol 126, p 06005 (2021)
institution DOAJ
collection DOAJ
language EN
FR
topic covid-19 new challenges
the process of destigmatisation
rehabilitation
insolvency
bankruptcy
Social Sciences
H
spellingShingle covid-19 new challenges
the process of destigmatisation
rehabilitation
insolvency
bankruptcy
Social Sciences
H
Koshcheeva Elena S.
Minnullina Kamilla A.
Folgerova Julia N.
Insolvency Law Adaptation to the Covid-19 New Challenges: the Process of Destigmatisation and the Focus on the Rehabilitation of Business
description The institution of insolvency (bankruptcy) occupies a special place in the state institutions system to support business entities in the recovery process from the crisis, given the selection mechanisms and rehabilitation opportunities inherent in it. Bankruptcy on the global economy scale serves as one of the anti-crisis regulation tools to improve financial and economic stability. The Covid-19 pandemic has actualised the ensuring the bankruptcy law institutional capacity problem by maximising its anti-crisis potential. Given its spread scale, the insolvency law adaptation to the Covid-19 new challenges is a challenge faced by all legal systems without exception. The findings of this study reveal that fragmented and uncoordinated national responses have common trends caused by the unity goal of minimising economically and financially destructive effects of the pandemic. This study objective was to identify the most effective strategy for the bankruptcy institute modernisation, which solution is based on the elements comparative analysis and convergence methods. In conclusion, the bankruptcy institute development basic tendencies and patterns have been revealed. Their analysis has allowed designating the legislation perfection most effective and perspective strategies in this sphere, which are determined by the course to aim at its anti-crisis potential development.
format article
author Koshcheeva Elena S.
Minnullina Kamilla A.
Folgerova Julia N.
author_facet Koshcheeva Elena S.
Minnullina Kamilla A.
Folgerova Julia N.
author_sort Koshcheeva Elena S.
title Insolvency Law Adaptation to the Covid-19 New Challenges: the Process of Destigmatisation and the Focus on the Rehabilitation of Business
title_short Insolvency Law Adaptation to the Covid-19 New Challenges: the Process of Destigmatisation and the Focus on the Rehabilitation of Business
title_full Insolvency Law Adaptation to the Covid-19 New Challenges: the Process of Destigmatisation and the Focus on the Rehabilitation of Business
title_fullStr Insolvency Law Adaptation to the Covid-19 New Challenges: the Process of Destigmatisation and the Focus on the Rehabilitation of Business
title_full_unstemmed Insolvency Law Adaptation to the Covid-19 New Challenges: the Process of Destigmatisation and the Focus on the Rehabilitation of Business
title_sort insolvency law adaptation to the covid-19 new challenges: the process of destigmatisation and the focus on the rehabilitation of business
publisher EDP Sciences
publishDate 2021
url https://doaj.org/article/0e7b04fd6e754008861e87a8b5605cde
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AT minnullinakamillaa insolvencylawadaptationtothecovid19newchallengestheprocessofdestigmatisationandthefocusontherehabilitationofbusiness
AT folgerovajulian insolvencylawadaptationtothecovid19newchallengestheprocessofdestigmatisationandthefocusontherehabilitationofbusiness
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