On 04 February 2019, Law No. 2478-VIII dated 03 July 2018 “On Amendments to Certain Legislative Acts of Ukraine on the Renewal of Crediting”, which was published on 3 November 2018 in the Holos Ukraiyny, became effective.
Colleagues acting for their clients in bankruptcy proceedings initiated against debtors of financial institutions and not only such institutions for certain know that even if the client has pledged highly profitable property there is no guarantee that pecuniary claims against the debtor will be adequately satisfied after the sale of such property.
While representing a creditor in a debt collection procedure where debtor’s security structure involves a mortgage agreement, few lawyers ever explore the possibility to enforce the collateral under a mortgage claus
ALEXANDROV&PARTNERS were approached by a company engaged in development and implementation of innovative services to ensure effective functioning of the business with a request to advise on the procedure for carrying out the ICO.