The court rejected Euroclear's cassation appeal for the recovery of 18.2 trillion rubles at the request of the Bank of Russia
6 Articles
6 Articles
The Moscow District Court of Arbitration upheld the decision of the lower courts to recover 18.2 trillion roubles from Euroclear in favour of the Bank of Russia.
The court rejected Euroclear's cassation appeal for the recovery of 18.2 trillion rubles at the request of the Bank of Russia
The court rejected Euroclear's cassation appeal for the recovery of 18.2 trillion rubles at the request of the Bank of Russia. This is stated in the published court decision.Earlier, the Belgian depository filed a motion to suspend the execution...
The Court of Arbitration of the Moscow District refused to grant the Belgian Euroclear Bank ' s cassation appeal and upheld the decision to recover about 200 billion euros in damages in favour of the Bank of Russia. The Court of Cassation held a closed hearing on Thursday, transmitting to RIA "News." The file stated that the Court had decided to leave unchanged the decision of the first instance and the decision of the Court of Appeal. In M…
The Moscow Regional Arbitration Court rejected Euroclear's appeal against the ruling awarding it approximately €200 billion in compensation in a case brought by the Central Bank of Russia. Thus, the decision issued in May 2026 and upheld by the appeals court in July remains valid.
The Belgian Euroclear Bank was unable to contest in cassation the recovery of damages in favour of the Bank of Russia equivalent to approximately 200 billion. The Moscow District Arbitration Court upheld the verdicts of the previous two courts.
The Court of Arbitration of the Moscow District rejected the Belgian Euroclear Bank ' s appeal against the judicial acts of the Russian arbitral tribunals in two instances, . . . . . 22.10.2026, PRIM
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