Home
Events
The Financial club. Loan Agreement and Credit Contract. Novelties of Art. 807 of the Civil Code of the Russian Federation.

The Financial club. Loan Agreement and Credit Contract. Novelties of Art. 807 of the Civil Code of the Russian Federation.

Maksim Bashkatov Lecturer of the Civil Law Department, Lomonosov Moscow State University of Faculty of Law, Master of Law

Roman Bevzenko Ph.D. in Law, Professor, the Research Centre of Private Law under the President of the Russian Federation

Artem Karapetov Doctor of Law, Director, “M-Logos” Law Institute; Professor, Higher School of Economics; Chief Editor, “Bulletin of Economic Justice” journal

Nikolai Kurmashev Adviser of Financial practice, Linklaters

Oleg Ivanov Ph.D. in Law, Advisor to the Chairman of the Association of Banks of Russia, Associate Professor, Chair of Banking Law, Moscow State Law Academy

Nikita Chugunov Deputy Head of the Legal Department, ING BANK (EURASIA) JSC

Sergei Sarbash Doctor of Laws, former judge of the Supreme Commercial Court of the Russian Federation, member of the Council for the Codification and Enhancement of Civil Legislation under the President of the Russian Federation

Video

The Financial club. Loan Agreement and Credit Contract. Novelties of Art. 807 of the Civil Code of the Russian Federation.. . . Sep 05, 2018

On September 5, 2018, the first roundtable of the Financial club dedicated to the “Loan Agreement and Credit Contract. Novelties of Art. 807 of the Civil Code of the Russian Federation” took place.

The Financial club is the new project of International and Comparative Law Research Center in collaboration with the Department of Civil Law of the MSU Law faculty and the “Statut” law school. Foreign and Russian experience in financial transactions regulations in the comparative legal context, trends of global and domestic judicial practice as well as various scientific publications and regulatory legal acts projects on the topic will be discussed at the club’s meetings.

The following questions were discussed at the roundtable on September 5:
1. Expanding the list of objects eligible for loan agreements after the Civil Code reform. Loan liquidation and repayment in foreign currency. Impact on the judicial practice.
2. Reality and consensuality of loan agreement: regulation review before and after the reform. Practical impact, including:

Default model;
Optional model;
Differences from a credit contract and others.

3. Loan collectability as a special characteristic of a loan liability:

The discrepancy between loan volume and the consideration of the lendee;
Legal nature of “hybrid” and “convertible” loans;
Contestation of unrecoverable loans (art. 812 of Civil Code), the possibility of the existence of “abstract” financial obligations.

Moderator — Maksim Bashkatov, Director of International Private Law and Comparative Law Research at International and Comparative Law Research Center, lecturer of the Civil Law Department of the Faculty of Law of the MSU, Master of Private Law, Editor-in-Chief of the Journal of the Civil Law, Lecturer of the “M-Logos” advanced training courses and the “Statut” law school.