Rehabilitation as a Form of Favourable Legal Regulation of Bankruptcy Relationships

The rehabilitation mechanism is explored in terms of its application for reorganization and recovery of enterprises, avoidance of their bankruptcy and excessive external influence thereon. Evaluation of administrative and legal and organization and economic disadvantages of the mechanism of legal regulation of rehabilitation processes is made. This evaluation indicates both its non-system formation and practical implementation. Methods for determining and estimating the rehabilitation capacity of economic entities are studied and improved. The main strategic goal of the rehabilitation procedure is determined to restore efficient operation of an enterprise within the short-term period. Administrative methods based on market mechanisms are proposed in order to improve bankruptcy and rehabilitation procedures in Ukraine.
Keywords: insolvency, bankruptcy, rehabilitation, administrative methods, financial instability, enterprise.

References　

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Andrii SUBBOT