White & Case partner Julia Zagonek and counsel Pavel Boulatov contributed this chapter on Russia for "Treatment of Secured Claims in Insolvency and Pre-Insolvency Proceedings II", published by INSOL International.
The treatment of secured claims is a matter that insolvency practitioners address in virtually every case in every jurisdiction. This chapter on Russia clearly illustrates the advantages and limitations of secured status in insolvency proceedings in Russia.
The chapter covers a wide range of key issues that practitioners would find useful, including the types of security rights that are available, the enforcement of such rights, circumstances when the granting of secured rights may be challenged and declared void, and the impact of reorganisation of a company on secured creditors, to name but a few.
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