Possible Translation Options for the Titles of Individuals Administering the Debtor’s Assets in Insolvency and Bankruptcy Proceedings under English Law

The article examines the terms used to refer to those who administer debtor’s assets under insolvency and bankruptcy and analyzes possible translation options for these terms into Russian language in the context of the Russian legal culture. The author addresses terms such as insolvency practitioner, liquidator, official receiver, administrator, nominee, supervisor, arbitration manager, external administrator, bankruptcy administrator, etc. The author notes that the English legal system is more detailed and specialized when dealing with insolvency and bankruptcy issues. This phenomenon is reflected in the greater number of terms compared to the Russian system that denote various roles of individuals managing the debtor’s assets. Since the conceptual and terminological system always reflects the national specific picture of legal reality, the author emphasizes the importance of thorough study and deep analysis of the terminology of Anglo-American law for lawyers. This may help them avoid inaccuracies in translation, misunderstandings in judicial processes and interpretation of legal documents, and contribute not only to understanding of the differences in legal systems but also to a deeper comprehension of the Russian legal system.