Russian court seizes UniCredit, Deutsche Bank, Commerzebank assets to satisfy payment to RusChemAlliance in sanctions dispute

22 May 2024

Russian court seizes UniCredit, Deutsche Bank, Commerzebank assets to satisfy payment to RusChemAlliance in sanctions disputecorgarashu_Shutterstock

A Russian court on 16 May 2024 is reported to have seized over €700m of assets owned by UniCredit, Deutsche Bank, and Commerzebank to satisfy RusChemAlliance’s claim for the payment by the banks of...

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Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters and as a prosecutor...

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