Comparative legal analysis of foreign and domestic norms on challenging transactions of an insolvent debtor

Abstract

The article presents the results of the study of foreign and domestic legal norms on challenging the transactions of an insolvent debtor. On the basis of comparison of legal norms of England (Anglo-Saxon legal family), Saudi Arabia (religious law) and Russia (Romano-Germanic legal family) there are established common features and differences in approaches to definition of legal norms on contestation of insolvent debtor’s transactions.