Kuzulgurtova A.Sh. The legal concept of “prevention of bankruptcy” and “restoration of solvency” of an insurer

Kuzulgurtova Adelina Shukralievna
Postgraduate student, Department of Civil Law and Proceeding
Volgograd Institute of Economics, Sociology and Law
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Prospect Universitetsky, 64, 400011 Volgograd, Russian Federation

Abstract. The article discusses the concept of “prevention of bankruptcy” and “restoring solvency” from the point of view of the provisions of the Federal Law of 26.10.2002 № 127-FZ “On Insolvency (Bankruptcy)”, taking into consideration scientific and legal approaches. The author points out the differences between the aforemention terms, gives their brief description, which includes the purposes of insurance companies.

Key words: bankruptcy, insolvency, bankruptcy prevention, restoration of solvency, insurer.

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