Judicial Protection of Shareholders' Rights: Problems and Trends in Law Enforcement
Abstract and keywords
Abstract:
The article explores the key issues of judicial protection of the rights of participants in shared construction in the current Russian realities. It analyzes the practices of collecting penalties and the trends of judicial reduction or suspension of their accrual, taking into account the financial condition of developers, as well as the consequences for the real compensation of losses of shareholders. Special attention is paid to the bankruptcy procedures of developers: it is shown how the inclusion of the company in the bankruptcy estate transforms the shareholders' claims into ordinary monetary claims and significantly reduces their chances of receiving funds, including due to the priority of collateral creditors and the difficulties of registering claims in the creditors' register. The conclusion is that it is necessary to adjust law enforcement practices and regulatory mechanisms to ensure a more equitable balance between the interests of shareholders and construction organizations.

Keywords:
shared construction contract, protection of participants' rights, bankruptcy of the developer, and penalty
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References

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