Sergei Bakeshin for Novy Prospect has analysed the ruling of the Constitutional Court of the Russian Federation on the possibility of seizing a debtor’s one residence

Sergei Bakeshin - Counsel

The Constitutional Court of the Russian Federation has issued a ruling allowing courts to echange a debtor’s one but “luxury housing” to “reasonably sufficient” one.

Sergei Bakeshin, Head of Dispute Resolution and Insolvency Practice at Maxima Legal, explained the logic behind this decision and its possible consequences specially for Novy Prospect online edition. 

To read the full article (in Russian), please see Novy Prospect website >>>