Russian analogue of the legal structure of a convertible loan
The research purpose is to give a civil-legal description and assess the prospects for the practical application of an element of the venture financing legal infrastructure that is new for Russian realities. The research methods are presented by special technical and legal tools, and by logical means of analysis and synthesis, induction and deduction, comparison and generalization, analogy and legal modeling, characteristic of civilist doctrinal research. The research results include the established civil nature of the Russian structure of a convertible loan, the identified principal conditions and the key stages of the conversion mechanism, the research also confirmed its convenience and efficiency. The research significance is manifested in its ability to strengthen the doctrinal basis of the legally permitted multivariate economic activity, promote accelerating the integration of convertible loans into the Russian legal field, help intensify domestic venture capital investment and increase the attractiveness of Russian jurisdiction for foreign investors.