Enumeration of a dept of a land-plot in Kaliningrad

Henrikas Stelmokaitis coordinated the enumeration of a joint debt from a group of entities based in the Russian Federation. Part of the enumeration included executing the client’s pledge rights towards a land-plot in the heart of Kaliningrad.

Together with local lawyers Motieka & Audzevičius consulted the client during negotiations with potential buyers of the land plot, structured the deal and provided the best solution in the cross-border transaction avoiding risks of currencies’ fluctuation and mandatory currency control of the Russian Federation authorities.