COMPULSORY BANKRUPTCY TRUSTEE INSURANCE IN THE REPUBLIC OF SERBIA

The article deals with harmonization of domestic Bankruptcy Law with EU regulations. The focus has been placed on linking trustee in bankruptcy – a physical person with Insurance Law in domestic bankruptcy law. The current law stipulates compulsory professional liability insurance. Also, the current law introduces voluntary professional liability insurance and bankruptcy debtor’s assets insurance. The author concludes that the court practice has accepted compulsory professional liability insurance. On the other hand, collective trustees in bankruptcy are not insured under existing laws. The author proposes that the collective trustees in bankruptcy should be transformed into joint stock companies.