Abstract
<jats:p>The article concludes that control issues are among the most systemic and significant in insolvency (bankruptcy) relationships, manifesting themselves in such types of control as state control, including judicial, bankruptcy, and corporate control, as well as control relationships between all entities participating in the insolvency (bankruptcy) procedure to ensure a balance between the interests of the debtor and creditors, as well as public interests. Since the institution of insolvency (bankruptcy) is complex, combining private and public law principles, and also reflecting the substantive and procedural elements within the legal regulation mechanism, the author emphasizes that control relationships within this institution also combine private, public, substantive, and procedural aspects.</jats:p>