Contestation of Related Transactions in Bankruptcy: Classification and Grounds

It should be emphasized that challenging the debtor’s transactions in bankruptcy proceedings is one of the key ways to replenish the bankruptcy estate and, accordingly, satisfy creditors’ claims. According to the current domestic bankruptcy legislation in the field under consideration, transactions made by the debtor or other persons at the expense of the debtor may be invalidated in accordance with the civil legislation of the Russian Federation, as well as on the grounds and in accordance with the procedure specified in a special regulatory legal act — the Bankruptcy Law, however, it is in this area of legal regulation There are many unresolved issues. The presented article defines the classification criteria and grounds for challenging chains of interrelated transactions in bankruptcy procedures, identifies the essential features of their invalidation, and formulates conclusions and individual recommendations.