Specific features of subsidiary liability for preferential payments made in the month preceding the debtor’s

The insolvency process represents an efficient mechanism that sustains the economic dynamism of states. The institution of holding individuals subsidiarily responsible has its origins dating back to ancient times, with significant regulations being developed by ancient and medieval legislators. The institution of subsidiary liability serves as an effective mechanism capable of compelling the members of the debtor’s management organs to be accountable for fraudulent actions committed with the intent to defraud the creditors of the debtor estate.