PROBLEMATIC ASPECTS OF BRINGING TO CIVIL LIABILITY OF EXECUTIVE BODIES OF COMPANIES
( Pp. 132-139)

More about authors
Zagoruiko Igor U. professor, d-r ekon. nauk, kand. yurid. nauk
Federal State budget institution of higher education «Tyumen industrial University» Kolesen Evgenij V. kand. ekon. nauk, zamestitel nachalnika otdela
«PNPPK», AO
Abstract:
Aim: corporate law has been seriously reformed for the last few years. New norms influence law practices. The economical crises led to the growth in number of corporate lawsuits. Participants and shareholders of commercial companies started more actively bringing to justice the executive bodies of commercial companies. The problems of corporative legal relationships have been deeply studied by modern Russian civlists such as E.A. Sukhanov, I.S. Shitkina as well as foreign authors. In 2013 Gerner-Beuerle C., Paech Ph., Schuster Ed. Ph from the London Schools of Economics carried out a wide-scale research on the responsibility of company heads in the EU countries. The aim of this work is to research the applied aspects of brining company CEOs to justice via loss claims. Methodology: methodological ground of research includes a number of methods of scientific cognition. Both general scientific research methods (dialectics, analysis and synthesis) and particular scientific research methods (technical, law comparative) are used. Conclusions: inthe article law enforcement practices such as positions of supreme juridical authorities are generalized. Some specific features of different corporate lawsuits including bringing the executive bodies of company to civil responsibility are found out. Specific features of legal regulations of a company individual executive body in civil and labor law are found out. We underlined that loss claims lawsuits in case of bankruptcy could be considered by arbitration court according to the rules on corporative lawsuits and sometimes by general jurisdiction courts. Despite the similarity of situations, the outcome of lawsuits are dramatically different. It is connected with differences in applied norms, circumstances which are to be proved, and original situation of affected legal body. Possible further use of results of our scientific work: loss claim lawsuits are an important and rather effective way to protect the rights commercial company and its participants (shareholders). One of the numerous reasons for filing a claim of this category is studied in this work. The logical continuation is a research of other reasons for loss claims and correspondent law enforcement practices. Practical value: this article is useful for practicing lawyers of commercial companies because it presents the main problems which they should pay attention to while filing a loss claim or providing legality of acts of individual executive body of a commercial company. Social consequences: responsibility of company CEOs has a special social and ethical value. Study of authority limits of company CEOs and research of effective mechanisms of brining them to justice allow us to provide a real control of business owners (participants, shareholders) over the activity of hired CEOs. Value: this work aims at students, Master's program students and other people studying corporative law and arbitration process, as well as practicing lawyers who have to dal with law regulations of activity of commercial company executive bodies and bringing them to justice.
How to Cite:
Zagoruiko I.U., Kolesen E.V., (2016), PROBLEMATIC ASPECTS OF BRINGING TO CIVIL LIABILITY OF EXECUTIVE BODIES OF COMPANIES. Business in Law, 2 => 132-139.
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Keywords:
corporate dispute, liability of the management bodies, corporate law, employment law.


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