CAN A RESIDENTIAL BUILDING BE EXCLUDED FROM THE BANKRUPTCY ESTATE AND TRANSFERRED TO MUNICIPAL OWNERSHIP?

As the Supreme Court pointed out, the fact of initiation of bankruptcy proceedings should not lead to reducing legal guarantees for tenants of an apartment building, who have been waiting for a long time to transfer it to the municipality.

Commentary on the Ruling of the Supreme Court (exclusion of the apartment building from the debtor's bankruptcy estate)

Elena Gladysheva, Advocate, Managing Partner of RI-Consulting, explains the conclusions of such a document, the impact on the practice and its compliance.

Read more about the background of the case and the lawyer's opinion in this publication

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