"Buying a new building by a letter of credit: the undesirable risk"

Publications

«Buying a new building by a letter of credit: the undesirable risk»

14.01.2014 Real Estate and Construction

Sofia Sokolova, Real Estate and Investments Associate at Kachkin & Partners, talks on the advantages and disadvantages of the letter of credit mechanism applied for payment between construction companies and housing buyers.

Dmitry Nekrestyanov

PhD in Law
Partner
Head of Real Estate and Investments Practice
Attorney

Download VCARD

+7 812 602 0225
dmitry.nekrestyanov@kachkin.ru

Dmitry Nekrestyanov

PhD in Law
Partner
Head of Real Estate and Investments Practice
Attorney

Download VCARD

+7 812 602 0225
dmitry.nekrestyanov@kachkin.ru

Projects

Legal support of a construction company in court in the framework of defending the permit for an apartment building construction in the historical center of St. Petersburg
Legal support of a development company in the framework of challenging the law of St. Petersburg on planted land
Anti-corruption expertise of Pulkovo Observatory protective zone control
Representation of a development company’s interests in a dispute over the land plot area significant increase
Restructuring parties relationships in a large construction project

Defending Siyanie CJSC, construction company contracted for construction of the Courtyard by Marriott Hotels, in a litigation dispute
Protection of the North-West Regional Directorate of the State Federal Fishing Agency property interests by settlement of disputes on federal property use
Representing A.Len, one of the leading architect & project design companies in St. Petersburg in a series of legal disputes with customers and subcontractors (total cost of 3M Euros)
Legal support of buyout of a production complex in Arkhangelsk region
Legal services in respect of construction of a large shopping mall Galleria located in the heart of St. Petersburg

Legal support of a construction of high class residential complex in the historical centre of St. Petersburg
Restructuring of investment commitments in a number of construction projects
Legal support within the construction of a multi-purpose building complex in the suburb of St. Petersburg, Russia
Legal support in frameworks of reconstruction of a building located in the St. Petersburg historical centre
Legal support for the Belaya Dacha Outlet construction project in the Moscow Region

Legal support to ATLANT-M automobile holding within construction of automobile showrooms and warehouses in St. Petersburg
Support of real property buyout in respect to the St. Petersburg Ring Road construction
Consulting the client, a lessor, on issues connected with its business structuring
Kachkin & Partners was selected to advise “Shell Neft” on real estate issue
Representing Adamant, a large development holding, at court

Court representation of Tebodin, an international engineering company in a contract fulfilment dispute
Major development company legal support at court under the investment contract of the residential complex «Bolshoi Drama Theatre House» construction with a total living area of 29 th sq m
Legal support on project acquisition and start of construction of the business-class apartment complex “Light world “Inside” of the major investment-and-development company Seven Suns Development
Legal support of interaction between the participants of planning work on construction of the new scene of the Maly Drama Theatre –Theatre of Europe
Support of a land plot purchase for further construction of a truck parking site and administrative buildings

Legal support of land plots privatization in St. Petersburg suburbs
Supporting a private investor acquiring a major property complex in St. Petersburg historic center
Complex legal support of a cold store building purchase for the purpose of expanding our client’s business
Representing a construction company in dispute between parties of construction investment contract
Legal support in the frameworks of the brownfield construction of two pig breeding plants by a Danish-Lithuanian agricultural company Idavang A/S