The problem of cross-border bankruptcy in the context interpretations of international law

The article presents an analysis of the sources of legal regulation of cross-border bankruptcy developed by the UN Commission on International Trade Law, as well as the European Parliament and the Council of Europe. Noting the vastness of the set of legal definitions enshrined in the analyzed documents, the author focuses on the lack of unity of views on the definition of cross-border bankruptcy, which in each individual country is understood in its own way and is subject to legal regulation based on a special perception of the problem of insolvency, with the participation of a foreign element.