Alexander Nadmitov, managing partner of the law firm Nadmitov, Ivanov and Partners, commented on Pravo.ru. for the article "Enforce a Foreign Court Decision: Why It Is Difficult to Do It in Russia."
The article raises the issue of the problem of foreclosure on a debtor - a resident of another country, despite the presence of assets in Russia in the form of bank accounts. The court of first instance refused the executor to enforce the decision of the Austrian court against the debtor, but the Supreme Court of the Russian Federation returned the case for new consideration.
The court does not have the task of looking for the debtor's property, but there are resources to determine its existence by sending inquiries to government agencies, banks and individuals. So the court has enough tools to effectively identify such assets, says Alexander Nadmitov, managing partner of Nadmitov, Ivanov and partners.
The full article is available at the link: https://pravo.ru/story/217553/?fbclid=IwAR2hGR3wNRRM4vGDuozK2O5-QMEKpWaypGcL9XY50AKsRAWBg9R1xk0qvsQ
The law firm "Nadmitov, Ivanov and Partners" provides services, including in the field of international litigation and international arbitration, enforcement of decisions of foreign courts and arbitration tribunals, and is marked by leading legal ratings in these areas.