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    Land and share // Land plots of bankrupt developers are divided in the Supreme Court

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    The Supreme Court of the Russian Federation (SC) will decide how to distribute the proceeds from the sale of land pledged to the bank within the framework of the bankruptcy of the developer. The bank believes that since there are no construction in progress on the land, it should receive up to 95% of the cash. But then the equity holders or the fund that came in their place will not get anything. The lower courts sided with the bank. Lawyers are divided.

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