Civil Mechanism Preventing and Resolving a Conflict of Interest in the Russian Private Law
DOI:
https://doi.org/10.17981/juridcuc.17.1.2021.06Keywords:
derivative actions, legal conflict, transaction, interest conflictAbstract
The article studies the legal mechanism preventing and resolving a conflict of interest in civil law. The Russian public law pays much attention to the prevention of competitive interests but there are still no studies on a conflict of interest in private law. The authors have written this article to consider the relevant legal studies and draw their conclusions. Methods: The authors used the methods of comparative and systemic analysis, synthesis and scientific research to examine such a legal concept as a "conflict of interest in private law". The study aims at analyzing the category of competitive interests in relation to private law, determining its prerequisites, reasons and possible solutions. The authors have concluded that a conflict of interest often causes corporate conflicts among parties involved in corporate relations. Moreover, this type of conflicts arises due to the realization of individual property interests and the possibility of one person to influence the other, for example, a conflict between majority and minority shareholders.
Downloads
References
Dedov, D. I. (2004). Conflict of interest. [Конфликт интересов]. Moscow: Volters Kluver.
Karapetov, A. G. (ed.). (2018a). Transation, agency, limitation of action: article-by-article commentary to Articles 153-208 of the Civil Code of the Russian Federation. [Сдельки, представьтесь, исковая давность: почтовый комментарий к статистике 153-208 Гражданского кодекса Российской Федерации]. Moscow: M-Logos.
Karapetov, A. G. (2018b). Problematic issues of applying Article 174 of the Civil Code of the Russian Federation. Bulletin of Civil Law, 18(1), 86–147. https://doi.org/10.24031/1992-2043-2018-18-1-86-149
Karpychev, M. V. (2012). Conflict of interest: some theoretical and practical issues of civil law. Legal science and practice: bulletin of the nizhnygorod academy of the mia of russia, 2(18), 74–79. Available: https: //na.mvd.rf/Nauka/Vestnik_Nizhegorodskoj_akademii_MVD_Ross
Kudryavtsev, V. N. (ed.). (1994). Judicial conflicts: spheres and mechanisms. Part 2. [Юридический конфликт: сферы и механизмы]. Moscow: Publishing house of RAS.
Makarova, O. A. (2005). Corporate Law: A Study Guide for Law Students. [Корпоративное право: учебное пособие для студентов юридических факультетов]. Moscow: Yurayt Publishing House.
Ralko, V. V., Repin, N. V., Dudarev, A. V. & Fomin, V. A. (2016). Notary [Нотариат]. Moscow: Justitia. https://doi.org/10.15216/978-5-4365-0460-5
RF. Ministry of Labor. (March 29, 2018). On Reviewing the Practice of Law Enforcement in a Conflict of Interest. [Letter No. 18-0/10/P-2061].
RF. State Duma. (November 21, 2011). On the Fundamentals of Health Protection of Citizens in the Russian Federation (with amendments and additions). [Federal Law N 323-FZ]. Available: http://base.garant.ru/12191967/
R.F. State Duma. (nov. 13, 1994). The Civil Code of the Rusian Federation. [ГКРФ]. Part One: No. 51-FZ. Available: https://rospatent.gov.ru/en/documents/1-civil-code-of-the-russian-federation-part-one/download
RF. Supreme Arbitration Court. (July 30, 2013). On Some Issues of Compensation for Losses by Persons Included in Legal Entities. [Decree of the Plenum No. 62]. Available: http://base.garant.ru/70436634/
RF. Supreme Court of the Russian Federation. (December 25, 2019). Review of judicial practice on some issues of the application of legislation on business companies. [Review]. Available: http://www.consultant.ru/document/cons_doc_LAW_341476/
RF. Supreme Court of the Russian Federation. (June 26, 2018). On Challenging Major Transactions and Interested-Party Transactions. [Decree of the Plenum No. 27]. Available: https://base.garant.ru/71975334/
RF. Supreme Court of the Russian Federation. (June 23, 2015). On Court Application of Certain Provisions of Section I, Part One of the Civil Code of the Russian Federation. [Decree of the Plenum No. 25]. Available: http://base.garant.ru/71100882/
Svirin, Yu. A., Petrov, A. A., Volkova, O. N., Matveeva, I. V., Gladkov, N. G. & Ignatyev, M. E. (2016). Corruption – as an institutional and structural element of statehood. International Journal of Environmental, Science Education, 11(18), 11791–11806. Available: http://www.ijese.net/makale/1638.html
Tsepov, G. V. (2019). Reforming the legal regime of interested-party agreements conducted by business entities: one step forward, two steps back? Bulletin of the Arbitration Court of the Moscow District, (1), 24–43. Available: https://vestnikasmo.ru/magazines/1-2019/
Vissarov, A. V. (2008). The concept of a conflict of interest in law and its specifics. Mariysky Legal Bulletin, (6), 20–24. Available: http://vestnik-law.marsu.ru/
Zaitsev, L. V. (2016). Conflict of interest in labor relations with the involvement of representatives: problems and their possible solutions. Actual problems of Russian law, (4), 143–149. https://doi.org/10.17803/1994-1471.2016.65.4.143-149
Zharova, A. K. (2016). Law and data conflicts in the information and telecommunication sphere. [Monograph]. Moscow: Yanus-K.
Published
How to Cite
Issue
Section
License
Copyright (c) 2021 JURIDICAS CUC

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
The authors are exclusively responsible for the published articles, which do not necessarily reflect the views of the editorial committee.
JURIDICAS CUC respects the moral rights of authors who have assigned the property rights on the published materials to the editorial committee. In turn, the authors declare that the work they submit has not been previously published.