ALEXANDROV&PARTNERS Develops an Algorithm for Receiving Land Plots Mortgaged to Secure Performance of Obligations under a Loan Agreement
11 July 2016

Taking into account the discrepancies in applicable laws, at present it is impossible to sell land plots that were enforced on the basis of a judgement and which may be sold at public auctions.

In the best interests of the client, ALEXANDROV&PARTNERS team of associates developed an effective mechanism which under the conditions of the said discrepancy helps receive back its own funds by way of:

  1. Recognition of title to the collateral in favour of the lender.
  2. Recognition of right to sell the collateral in favour of the lender.

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