09.08.2017 Sergei Bakeshin, Senior Associate

Sergey Bakeshin has commented to Delovoy Peterburg about instances of recovering debts from distributors

Delovoy Peterburg, a business newspaper in St Peterburg, has published an article titled ‘Lawyers for MRCK Severo-Zapada have thought up a way to speed up the recovery of debts from distributors’ which includes comments from Senior Associate at Maxima Legal and Head of the Dispute Resolution Practice, Sergey Bakeshin.

In the article, Sergey comments that the instances of speeding up the collection of debts from distributors is reasonably rare and ‘the commercial courts only in exceptional circumstances will require the immediate performance of a decision on the recovery of damages.  A counter provision alone is not enough, it is necessary to prove to the court that the special nature of the situation requires immediate performance of the decision.  This is extremely difficult to do, accordingly claimants often use other tools such as enforcement as a solution.’

For the full version of the article (in Russian) click here.