There are purely legal conflicts that arise. For example, the construction industry. On the one hand, we have a moratorium on including sites in the register of problematic ones. If you’re more than six months late in starting construction work, you end up in the register of problematic sites, and then the developer’s bankruptcy begins, the mechanism for supporting housing equity holders is activated. A moratorium was introduced on the inclusion of sites in this register. At the same time, financing began for a subsidy programme, and one of the covenants was to ensure the timeframe for the site’s commissioning. And from a legal standpoint, we had a long discussion. As both documents were prepared, we communicated a lot with the main ministry, trying to resolve the legal problem. Here it’s a question of the responsibility of the company’s management in terms of making a global decision — Dmitry Timofeev, Vice President for Government Relations and Corporate Relations, PJSC "PIK-Specialized Homebuilder".
Of course, the new reality creates uncertainty, and uncertainty creates anxiety [...] Judicial practice [in Russia] is developing in a democratic manner and is sympathetic to the interests of business. A recent ruling by the Supreme Court said a trustee in bankruptcy must file claims for recovery. Didn’t do it? That’s a violation. Losses. The criminal law article can be applied. And the Supreme Court explains not so unambiguously – that a violation has occurred because the likelihood of recovery must be taken into account. So, the trustee in bankruptcy is given the opportunity to assess the likelihood of recovery. Maybe there won’t be any need to go [to court], and in this case the person proves that there is no need to file because this would entail even more losses — Andrey Bushev, Judge, Constitutional Court of the Russian Federation.