The publication covers the International Conference "Bankrupcy: the legislative model and enforcement practice" held at the Kutafin Moscow State Law University (MSAL) (MSAL) on the 7th of April 2016. The conference participants - legal scholars, university professors, graduate and undergraduate students, the judges of arbitration courts, businessmen, arbitration managers, lawyers - representing different regions of Russia. The guests from neighboring countries followed the discussion with great interest. The great interest in the insolvency problems is caused due to a number of factors: the economic crisis, giving rise to a sharp increase in cases of insolvency of economic entities; a permanent reform of the legislation on bankruptcy, and as a consequence, the change of approach in the judicial practice; introduction from 1 October 2015 consumer bankruptcy and so forth. Bankruptcy is a complex legal institution, including the substantive and procedural, private and public sectors of the right. This feature is fully reflected in the range of the speakers, and the content of the reports made during the conference. Most lecturers, to illustrate their findings, resorted to comparative legal analysis, comparing the norms of Russian and international law As a positive side it should be noted that the problem of insolvency was studied from different standpoints. Such, in theory, the category of insolvency, the ability to compete, competitive financial relationship were subjected to scientific analysis. The discussion of the enforcement problems caused lively debate about the difficulties encountered by courts of arbitration in cases of bankruptcy of natural persons, about the implementation of exclusive rights to results of intellectual activity in a situation of insolvency, about the establishment of a competitive control in the bankruptcy of legal entities. The report of the impending radical reform of bankruptcy law in relation to legal persons turned out to be of particular interest. The basic provisions of the draft law on restructuring of the improvement of rehabilitation procedures were made public. Finally, with regard to the learning process there were considered some emerging issues on teaching disciplines devoted to competition law Within the framework of the international conference we held the presentation of a textbook for undergraduates "The bankruptcy of economic entities", made by a team of teachers of the department of business and corporate law, and the department of private international law of the Kutafin Moscow State Law University (MSAL) on the 7th of April 2016.