Our services in this field include:
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preparation of standard documentation;
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representation of credit institutions;
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representation of the interests of borrowers;
- preparation of legal opinions.
The Firm’s experience in collateral transactions includes representation of the interests of:
- a bank in relation to preparation of a master agreement on the procedure for concluding pledge transactions and opening a pledge account by a credit institution;
- a bank in relation to the preparation of an equipment pledge agreement;
- a bank in relation to the preparation of a pledge agreement under a bank account agreement;
- a bank in relation to the preparation of a draft mixed pledge under a bank deposit agreement and a pledge account agreement;
- a bank in relation to the preparation of a pledge agreement of a claim under a bank deposit agreement;
- a bank in relation to the preparation and maintenance of a mortgage agreement between the bank and the borrower, during its registration;
- a bank in relation to the preparation of a legal opinion on the validity, irrevocability and unconditionality of two standby letters of credit issued by a foreign bank to provide loans to Russian companies and subject to foreign law and the Uniform Customs and Practice for Documentary Credits of the International Chamber of Commerce (ICC);
- a pledge holder, a Russian open joint-stock company, in relation to the conclusion of a pledge agreement of shares of a gold mine to secure repayment of a borrower's obligation for a total amount of 700 million rubles.