LEGAL ENTITIES AS A SUBJECT OF PRIVATE INTERNATIONAL LAW

Abstract

This article analyzes, firstly, the definition of the meaning of the concept of “legal entity” in a general sense, and secondly, the determination of the concept, types and features as a subject of private international law. The article studied this topic using the example of an arbitration case that arose between banks of the Russian Federation and foreign banks. The article also shows the difference between such concepts as “the criterion of incorporation,” “the criterion of legal entities location,” “the criterion of legal entity’s principal place of business.” In conclusion, the author will provide proposals for the future development of this branch of law.