Theories of invalidity of debtor's transactions in bankruptcy

This article is aimed at studying the concept of invalidity of transactions. The author presents the opinions of the authors regarding the concept of invalidity of transactions. Also, the author provides his own definition of invalid transactions, based on the features identified by scientists. The types of invalidity of transactions are given. The author also analyzes the theories of invalidity of transactions available in the literature. Based on the studied theories, the author analyzes the legal norms of the Federal Law "On Insolvency (Bankruptcy)" and determines which theory of invalidity was applied in the rules on invalidation of debtor's transactions in bankruptcy proceedings.