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Law and Politics
Reference:

Savostianova, A.G. Topical issues of bankruptcy of users of natural subsurface resources

Abstract: This article is of scientific and practical character. Its topicality has to do with the fact that the legislation on bankruptcy lacks a specific procedure for users of subsurface resources. The author shows a typical example, when such a user gets investments, and then uses the procedure of bankruptcy in order to avoid his obligations to pay back. Then, the author provides detailed analysis of legislation in order to find the gaps, and offers ideas on amending law, in order to change things.


Keywords:

jurisprudence, bankruptcy, use of natural subsurface resources, investment, natural resources, creditors, abuse, debt, mountain property, legislative draft


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