Get access to our best features
Get access to our best features
Published 1 month ago

Russian court orders seizure of Deutsche Bank assets

  • A court in St. Petersburg has ordered the seizing of assets of Germany's Deutsche Bank and Commerzbank in Russia, related to a lawsuit over a planned Baltic Sea LNG terminal.
  • The seizure stems from the cancellation of a gas processing plant project after Western sanctions, leading the banks to withdraw their guarantees.
  • The banks were guarantors in the contract for the project with Renaissance Heavy Industries and German company Linde.
Insights by Ground AI
Does this summary seem wrong?

0 Articles

All
Left
Center
Right
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 43% of the sources are Center
42% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)