GRATA International is a dynamically developing international law firm which provides services for projects in the countries of the former Soviet Union and Eastern Europe. More than 28 years 250 professionals in 19 countries advise major international and local firms. GRATA is recognised by Chambers & Partners, Legal 500, IFLR1000, WWL, Asialaw Profiles.
GRATA is recognised by Chambers & Partners, Legal 500, IFLR1000, WWL, Asialaw Profiles.
On June 21, 2021 an amendment was made to the Law on "On
Mortgage" (“Amendment Law”).
According to the Amendment Law, if re-auction fails to take
place, mortgagee and auction organizer shall sign a protocol on the
acquisition of the mortgage property by the mortgagee within 30
calendar days and the protocol qualifies as a contract.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
