Nikolay Pokryshkin speaks to the Global Arbitration Review regarding Russian bank VTB’s German subsidiary’s challenge of a Russian anti-suit injunction law
In 2022, VTB was blocked from exercising control over its German subsidiary OWH (formerly known as VTB Bank Europe), and the Russian bank launched Russian court proceedings to collect €112 million it says is owed by OWH as a settlement payment under an agreement terminating their relationship. Saying it could not pay due to EU sanctions, […]