Shell Company Wins $194M Lawsuit Against Euroclear in Moscow

AI Summary

The Moscow Arbitration Court ruled in favor of Silicium-2, a specialized finance company, awarding it $194 million in a lawsuit against Euroclear related to frozen assets under Western sanctions. This verdict continues the legal pressure on Euroclear in Russia.

The Moscow Arbitration Court’s ruling in favor of the specialized finance company, Silicium-2, marks the latest verdict targeting Euroclear over assets frozen by Western sanctions.