Legal aspects of bankruptcy of management companies
The article analyzes the legal aspects of the bankruptcy of management companies. The definition of the concept of "management company"is given. The provisions of the Federal Law "On Insolvency (Bankruptcy)"are analyzed. The main reasons for the bankruptcy of management companies are investigated, in particular, the withdrawal of assets through a chain of transactions, improper and (or) unprofitable management of tangible assets, as well as the presence of a wide range of persons who have debts to pay utility bills to the management company. In order to increase the economic stability of management companies and competition in the public utilities market, in order to resolve the existing causes of insolvency (bankruptcy) of management companies, according to the author, amendments and additions should be made to the Federal Law "On Insolvency (Bankruptcy)"by introducing a new paragraph "Bankruptcy management companies."