Russian Court Orders Euroclear to Pay $250 Billion Over Frozen Assets

A Russian court has ordered Euroclear to pay approximately $250 billion in connection with frozen assets, though it remains unclear how Russia intends to recover the funds, and Euroclear does not recognize the court's jurisdiction.

16 May, 08:42 — 16 May, 08:42

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Moscow TimesMostly Factual108d ago

Russian Court Orders Euroclear to Pay Around $250Bln Over Frozen Assets

It was not clear how Russia intended to recover the funds, and Euroclear said it did not recognize the Russian court’s jurisdiction.

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Russian Court Orders Euroclear to Pay $250 Billion Over Frozen Assets

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Russian Court Orders Euroclear to Pay Around $250Bln Over Frozen Assets

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