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BATTLE FOR THE LAW OF REAL SECURITY:THE THIRD STEP IN REFORMING RUSSIAN
PLEDGE LAW2
R.S. BevZeNKO,
Ph.D. in Law, Profssor of th Russian School of Priat Law,Partnr of Pepeliaev GroupLaw Firm
1 - , . , ,
.
2 This article was developed in conjunction with the EBRD, which has been involved in the reform of
Russian law of secured transactions. However, the opinions and interpretations expressed in thearticles remain the authors sole ones.
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The paper is dealing with the last reform of the Russian pledge law that was enteredinto force on July 1, 2014. It contains the analysis of the routes and sources of thereform, particularly their liaison with the previous legislation and case law. The author
examines the possible difficulties of interpretation and application of the new pledge lawwhich the economic actors may face with and offers the ways for their resolution.
Keywords: real security; pledge; mortgage; hypothec; charge; lien; foreclosure.
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INFORMATIONABOUTTHEAUTHOR
Bevzenko R.S. (Moscow) Ph.D. in Law, Professor of the Russian School of