Publications
To Sue Or Not To Sue: Enforcement of Mortgages in Azerbaijan
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Ulvia
Salans LLP
As a result of rapid introduction of new legislation, Azerbaijani mortgage law became rather complex in that it includes several statutes enacted at different times. Sections of these statutes related to the enforcement of a mortgage have conflicting provisions, which creates an ambiguity in practice. In this article, we will attempt to determine provisions of which statutes prevail in the event of conflict between them, to set out available statutory enforcement procedures, including advantages and disadvantages of each of these procedures.
Zeynalova-bockin, U. 2010, "To Sue Or Not To Sue: Enforcement of Mortgages in Azerbaijan". In: Global Real Estate Client Report, Salans, LLP, Fall 2010 Issue, pages 61-63.