SUSU’s Institute of Law Held a Science-to-Practice Seminar on Bankruptcy

A Science-to-Practice Seminar entitled “Personal Bankruptcy – Some Issues of Theory and Practice” took place at South Ural State University.

Private (personal) bankruptcy is the priority in scientific development at the Department of Civil Law and Civil Legal Procedures of the Institute of Law of South Ural State University. In this regard, a decision was made to arrange a science-to-practice seminar on which representatives of judicial and executive power discussed the issues regarding the procedure of personal bankruptcy as well as some collisions of the regulations of civil and family legislation.

This was the first time of holding the Personal Bankruptcy – Some Issues of Theory and Practice seminar. The idea to hold it at SUSU belonged to an Associate Professor of the Department of Civil Law and Civil Legal Procedures, Svetlana Polich.

“I started working with private bankruptcy as this is the subject that starts reviving. Bankruptcy problems should be studied in order to analyze statistics as well. People should visualize the understanding of how they can get rid of debts and solve the problem in a civilized way,” noted Svetlana Polich.

According to Svetlana Polich, the topic of bankruptcy unites both family and civil law, where civil law covers the issue of bankruptcy creditors’ interests, whereas family law explores the issues of socially unprotected citizens.

The expert of the scientific event was Oleg Zaitsev, consultant of The Private Law Research Centre under the President of the Russian Federation named after S.S. Alekseev, Associate Professor of the Russian School of Private Law, State Councilor of Justice of the Russian Federation of the 3rd category, holder of Master’s degree in Private Law, and Chairman of the Bankruptcy Club. Oleg Zaitsev explained why such a pressing matter as bankruptcy should be discussed:

“Me and my colleagues from SUSU decided to hold this event because economic situation in the country is unstable and there is a possibility that there will be more bankruptcies. I think it is very important for us together to discuss problem and search for ways to solve it. I would like such meetings to help the SUSU Institute of Law to become more efficient.”

Participants of the event were not just representatives of academic community but also insolvency and bank officers, judges and lawyers, as well as other representatives of the professional community who are specialised in support of private bankruptcy procedures.

Director of the Institute of Law at South Ural State University, Elena Titova, summarized results of the science-to-practice seminar:

“In our opinion, the planned science-to-practice event went quite successfully. Professional practitioners received detailed answers for all the pressing questions asked from the speaker, Oleg Zaitsev. I was glad with the questions by third-year students of the Institute of Law as their denotative meaning was at the level of practicing lawyers. Participants expressed sincere interest to the issues that have been discussed at the science-to-practice seminar.”

For the reference

The “private bankruptcy” institution has been well-known within the frameworks of the doctrine of pre-revolutionary Russian civil law (or to be more exact – the competition law). In the Soviet period of jurisprudence, such a phenomenon as bankruptcy existed only during the time of the New Economic Policy, and later it “vanished”. The legislation of the Russian Federation started regulating insolvency (bankruptcy) in the year of 1992. Judicial bankruptcy procedures with respect to citizens began in the Russian Federation starting from 2015.

Marina Kovyazina, photo by: Oleg Igoshin
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