order a serviceread_more
  • Projects
  • Lamwell has succeeded in preserving the Client’s ownership of real estate by obtaining security measures in commercial disputes against a finance company.

Lamwell has succeeded in preserving the Client’s ownership of real estate by obtaining security measures in commercial disputes against a finance company.

  • Court proceedings
  • 02 February, 2021

Lamwell’s team of lawyers has prepared and filed with the commercial court a motion for security measures in support of the Clients’ claims in a number of commercial cases against the same respondent. The motions were filed with the aim of preventing unlawful change of registration of immovable property of the Clients, a Ukrainian pharmaceutical company and a number of companies owned by American investors. Obtaining these security measures was extremely important, as the respondent in these cases is an unscrupulous finance company which has illegally acquired rights of claim under a number of loan and mortgage agreements and baselessly considers itself to be the mortgagee in respect of the Clients’ property, seeking to seize it.

However, the respondent will not succeed in doing so, as all motions for security measures have been approved by the court and foresee a prohibition for the finance company as well as any notaries and state registrars to perform any actions aimed at seizing the Clients’ assets. In one of the cases, with the aim of preventing unconscionable delays to the proceedings, the court has also prohibited the respondent from disposing in any way of the rights of claim obtained by the respondent to third parties.

Due to the obtained security measures the Client’s property is protected from unlawful inroads on the part of the unscrupulous finance company.

Currently, the proceedings in these cases are pending before the Commercial Court of Kyiv city. Lamwell’s lawyers are representing the claimants – a Ukrainian pharmaceutical company and other companies owned by American investors.

Request

Send
on-line request
for consultation

You can leave a request for feedback and we will call you.

Thank you!

We will contact you soon.