SIBERIAN LAW HERALD
ISSN 2071-8136 (print)
ISSN 2071-8144 (online)

List of issues > Siberian Law Herald 2023. 4

Received on 29.09.2023; approved on 18.10.2023; accepted for publication on 10.11.2023


Bankruptcy of a Developer as a Socio-Economic Factor in the Implementation of the Mechanism of Legal Regulation of the Rights of Participants in Shared-Equity Construction

Author(s)
Tolstikova Olga Mikhailovna , Kostyunina Olga Vladislavovna
Abstract
The problems of protecting the rights and legitimate interests of participants in shared-equity construction, construction participants and investors arising as part of the of the bankruptcy procedure of the developer are considered. It is noted that there is no concept of a single legal equality of the rights of subject participating in the bankruptcy procedure. It is stated that there are no uniform terminological constructions that allow unambiguously and definitively interpreting the concepts of “participants in shared-equity construction” and “developer of shared construction”, “construction participants”, “developer as a subject of bankrupt legal relations”, taking into account the transformation of a participant in shared-equity construction into a construction participant in the bankruptcy procedure of the developer. The relevance of the research is to assess the changes made in 2018 to the Federal Law of 26.10.2002 No. 127-FZ “On Insolvency (Bankruptcy)” and not received a comprehensive analysis in the doctrine. The practical significance of the study is determined by the analysis of the problems that have arisen in connection with these changes in law enforcement practice in the implementation of legal regulation of the exercise of creditors’ rights arising from the agreement of participation in shared-equity construction, as well as the rights of creditors recognized by the Federal Law “On Insolvency (Bankruptcy)” as construction participants. Other, no less significant issues of the transfer of the rights and obligations of the developer to the acquirer – the public law company “Territorial Development Fund” are also being considered. The purpose of the fund’s activities is to promote the implementation of the state housing policy aimed at increasing guarantees for the protection of the rights and legitimate interests of citizens participating in construction (including participants in shared-equity construction, members of housing cooperatives that have claims for the transfer of residential premises, parking spaces, non–residential premises).
Keywords
bankruptcy of the developer, participant in shared construction, participant in construction, rights of the shareholder, non-residential premises, unfinished construction, registry requirements
About the Authors
Tolstikova Olga Mikhailovna – Candidate of Juridical Sciences, Associate Professor of the Department of Civil Law, Law Institute, Irkutsk State University (1, K. Marx st., Irkutsk, 664003, Russian Federation), RSCI Author ID: 452751, e-mail: olga_den@mail.ru

Kostyunina Olga Vladislavovna – Candidate of Juridical Sciences, Associate Professor, Associate Professor of the Department of Civil Law, Law Institute, Irkutsk State University (1, K. Marx st., Irkutsk, 664003, Russian Federation), RSCI Author ID: 818586, e-mail: mayolgak@gmail.com
For citation
Tolstikova O. M., Kostyunina O. V. Bankruptcy of a Developer as a Socio-Economic Factor in the Implementation of the Mechanism of Legal Regulation of the Rights of Participants in Shared-Equity Construction[Bankrotstvo zastrojshchika kak social'no-ekonomicheskij faktor realizacii mekhanizma pravovogo regulirovaniya prav uchastnikov dolevogo stroitel'stva] Sibirskij yuridicheskij vestnik [Siberian Law Herald]. 2023, no 4(103), pp. 58–71. – DOI 10.26516/2071-8136.2023.4.58 (in English)
UDC
347.9
DOI
https://doi.org/10.26516/2071-8136.2023.4.58
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