According to the survey`s results, Samvel Karakhanyan, president of Barshchevsky & Partners Moscow bar association, was again recognized as one of the best Russian legal professionals in the “Arbitration and Mediation” practice area.
Typically, banks appeal to courts in the event of non-performance or improper performance of obligations by borrowers. The right to recover arrears in court is stipulated in any credit contract. However, in mid-2016 creditor banks acquired the right for a simplified recovery of debts. The “Fundamentals of Notaryship Legislation of the Russian Federation” were amended to provide for the debt recovery under the credit contracts without recourse to the court (extrajudicial procedure): on the basis of enforcement inscription by a notary.
Some experts think that due to the recent events the authorities can take time out, others don't see obstacles.
The Government has recently approved the directive, according to which 19.5% of “Rosneft” to be sold until 5 December. However, something unexpected happened - was arrested and sent to house arrest the Minister of Economy Alexey Ulyukaev.
Financial institutions often have to be participants in the trials - sometimes as plaintiffs, sometimes as defendants. What questions are mainly controversial and require, on the one hand, the assistance of lawyers, on the other hand - judicial decisions? Could a legal person who performs the bank's functions, challenge the decision of the regulator to take back a license to carry out banking activities? These and other questions are answered in an interview with Samvel Karakhanian for NBJ.
Samvel Karakhanyan, Bar's president, entered the list of best lawyers in Russia according to 'Best Lawyers' international guide ('arbitration and mediation' practice area).