REVERA Lawyers Facilitated a Deal to Mortgage Nearly 100% of Facilities and Land Lease Rights

An investment bank provided a credit line to a Belarusian manufacturer for expanding its production capacity.

To secure the borrower’s obligations, it was agreed to mortgage real estate: existing production workshops, warehouses, their components, and accessories.

From the project’s launch stage, REVERA identified inaccuracies in the documents, which could have jeopardized the deal, delaying it for up to six months—a critical timeframe for the parties of the credit agreement. However, promptly identifying these inaccuracies enabled their quick resolution and the conclusion of the deal.

REVERA’s Role in the Project

• Verifying the legal compliance of capital structures (mortgage assets) and the land plots on which they are situated.
• Advising the client on matters related to the scope of the agreement, its valuation, drafting agreements for out-of-court foreclosure on the mortgaged property, and mortgage legislation.
• Developing and coordinating the draft mortgage agreement with the client and counterparties.
• Following the signing of the mortgage agreement, REVERA provided a legal opinion on the borrower’s legal capacity, as well as the lawfulness and validity of the deal.

The REVERA team has extensive expertise in real estate transactions and will help you carry them out safely. If you require legal support on these matters, please contact REVERA advisor Alexander Antonov.

Authors: Sergey Suschenya, Aliaksandr Antonau