Legal Mechanism for the Recovery of Accounts Receivable by Energy Supply Organizations

The purpose of this study is to analyze the legal mechanism for the recovery of accounts receivable by energy supply organizations and to develop theoretically substantiated proposals for its improvement. The legal mechanism involves the use of various legal means to influence social relations in their entirety. The practical problems associated with the application of specific methods of recovering accounts receivable are examined in this article. The market economy has generated demand for professional services of specialists who increase the efficiency of debt recovery. The specific nature of the legal status of such specialists lies in their performance of optional functions, i.e., the creditor has the right, but is not obligated, to engage them. However, their role has become so significant that it cannot be ignored. In particular, insolvency practitioners are responsible for the formation and sale of the bankruptcy estate, which includes the accounts receivable of the bankrupt entity. Attorneys provide professional representation of the creditor’s interests at all stages, without which successful recovery in complex disputes is unlikely. Mediators offer the parties the opportunity to resolve disputes in an alternative, non-confrontational manner. The theoretical significance of the study lies in the development of doctrinal concepts concerning the legal mechanism for the recovery of accounts receivable by energy supply organizations. The theoretical conclusions can be used in research and the educational process when teaching civil law, energy law, enforcement law, arbitration procedure. The practical significance consists in the development of recommendations for legislative bodies aimed at improving the regulatory framework, as well as for legal practitioners (lawyers, judges, bailiffs, financial receivers) to optimize their activities. The methodological basis of the study includes general scientific methods (deduction, induction, analogy; analysis and synthesis; specification, abstraction, generalization; comparison, description, characterization, and others) and specific scientific methods of legal interpretation of legal norms, legal forecasting, etc.