INSUFFICIENT APPLICATION OF MEDIATION IN BANKRUPTCY PROCEEDINGS IN THE REPUBLIC OF SERBIA

Authors

  • Petar Bulatović Belgrade Business and Arts Academy of Applied Studies, Serbia

Keywords:

mediation, bankruptcy, disputed claim, interest, bankruptcy trustee

Abstract

The document presents the legal and institutional framework for implementation of mediation in the
Republic of Serbia, and it is limited to disputes that arise from the disputed / contested claims in bankruptcy
proceedings, whether the court decides on them at the examination hearing, or whether it decides on them in civil
proceedings. This type of dispute can be initiated on behalf of the bankruptcy debtor by the bankruptcy
administrator (trustee) with the prior consent of the Board of Creditors, as well as by the bankruptcy creditor.
Mediation is conducted in accordance with the principles that are enumerated in the Law on Mediation in Dispute
Resolution. The paper disagrees with the provision of the Law on Bankruptcy that regulates the conditions for
resolving a dispute in the mediation procedure, in the case when mediation is proposed by the bankruptcy trustee.
Since disputes based on a contested claim in bankruptcy proceedings are simple disputes , because it is disputed
whether the claim exists or not, the paper shows the interest of the bankruptcy trustee and the bankruptcy creditor in
initiating mediation. In the observed period of almost three years, the mediation procedure in this type of dispute
was seldom used, despite the fact that it was available free of charge, alongside other benefits offered to the parties
in this type of a dispute.

References

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Published

2022-08-15

How to Cite

Bulatović, P. (2022). INSUFFICIENT APPLICATION OF MEDIATION IN BANKRUPTCY PROCEEDINGS IN THE REPUBLIC OF SERBIA. KNOWLEDGE - International Journal , 53(1), 161–165. Retrieved from http://ojs.ikm.mk/index.php/kij/article/view/5500