Company formerly connected to Browder seeks to recover $30.4 mlnHead manager of Dalnaya Step, a company believed to be formerly under control of William Browder’s Hermitage Capital Management, has petitioned the Commercial Court of Kalmykia seeking to arrest over 1.8 billion rubles (about $30.4 million) of HSBC bank.10:53 24.08.2017
Russian courts seize $3.8 million from officials in first half of 2017Russian courts granted 13 claims seeking forfeiture of property from state officials, who were not able to prove legality of its acquisition in the first half of 2017, seizing 230 million rubles ($3.8 million) in the process.14:30 10.08.2017
Seizure of late ex-MP Voronenkov’s property appealedA court order to seize property belonging to deceased ex-communist lawmaker Denis Voronenkov has been appealed.14:46 09.08.2017
Appeals court refuses to lift seizure of AFK Sistema’s assetsThe Eighteenth Commercial Court of Appeals on Monday refused to overturn the seizure of 185 billion rubles ($3.1 billion) in assets belonging to AFK Sistema holding company.16:59 07.08.2017
AFK Sistema asks court to cancel asset seizure in dispute with RosneftAFK Sistema holding company has asked the Eighteenth Commercial Court of Appeals to lift an order seizing 185 billion rubles ($3.1 billion) on the request of Rosneft.12:51 07.08.2017
Moscow court seizes property of deceased ex-MP VoronenkovThe Basmanny District Court of Moscow has seized property belonging to deceased ex-communist lawmaker Denis Voronenkov.21:58 01.08.2017
AFK Sistema loses bid to recuse judge in dispute with RosneftThe Commercial Court of the Republic of Bashkortostan on Thursday refused to recuse the presiding judge from proceedings in a 170.6-billion-ruble lawsuit (about $3 billion) lodged by Russia’s oil giant Rosneft against holding company AFK Sistema.10:58 20.07.2017
AFK Sistema reports $66 mln loan default over asset seizureHolding company AFK Sistema reported on Monday about a technical default on 3.9 billion rubles ($66 million) that resulted from the court-ordered seizure of 185 billion rubles ($3.1 billion) in assets.11:28 17.07.2017
Moscow Region ex-official Kuznetsov’s assets seized in FranceFrench authorities have seized assets in the value of €120 million belonging to former Moscow Region finance minister Alexey Kuznetsov and his ex-wife Janna Bullock, who are currently under investigation in Russia.12:40 14.07.2017
AFK Sistema’s appeal against asset seizure set for August 7The Eighteenth Commercial Court of Appeals on August 7 will hear the AFK Sistema holding company’s appeal against seizure of its assets amounting to 185 billion rubles ($3.1 billion) on the request of Rosneft oil giant.10:39 14.07.2017
Head of St. Petersburg venture capital fund suspected of funneling assetsHead of the fund for support of St. Petersburg’s small businesses Rifat Islyayev has been arrested on suspicion of deliberately placing 200 million rubles (about $3.3 million) in a bank on a brink of closure.15:09 06.07.2017
Russian Prosecutor General’s Office freezes abroad assets amounting to €900 mlnRussian Prosecutor General’s Office became more active in return of assets acquired through criminal means in 2016 and froze funds amounting to €600 million and property worth €300 million abroad.11:51 25.04.2017
Bills on asset seizure upon foreign courts’ request reach State DumaRussian Prime Minister Dmitry Medvedev has signed an order to submit two bills concerning forfeiture of assets upon the request of foreign courts to the State Duma.10:50 14.02.2017
Russian government approves bill on asset seizure upon foreign courts’ requestRussia’s government has approved a bill on forfeiture of assets upon the request of foreign courts.12:58 03.02.2017
EU General Court upholds freezing of Russian air defense systems manufacturer’s fundsThe General Court of the European Union has upheld the freezing of funds of Russian air defense systems manufacturer Almaz-Antey over the crisis in Ukraine.12:26 25.01.2017
Assets of Russian ex-lawmaker worth about $116 mln frozen in U.S.The United States District Court for the Central District of California ordered to freeze the assets of Ashot Yegiazaryan.13:49 23.11.2016
Russian court unfreezes assets of Snoras bank after 40 bln rubles claim droppedThe Ninth Commercial Court of Appeals has overturned a lower court’s injunction ruling after the Moscow Commercial Court dropped a lawsuit filed by Russian businessman and former co-owner of the Lithuanian nationalized bank Snoras, Vladimir Antonov, seeking to collect more than 40 billion rubles ($642 million) from Lithuania.16:04 03.11.2016
Ukraine’s Naftogaz seeks $2.6 bln from Russia for Crimean assetsUkraine’s oil company Naftogaz and its subsidiaries have filed a claim with commercial court demanding to recover $2.6 billion in damages from Russia for their lost assets in Crimea.12:21 19.10.2016
Moscow court revokes seizure of Russian ex-governor Belykh’s propertyThe Moscow City Court has overturned seizure of assets owned by the Kirov region ex-governor Nikita Belykh, who stands accused of taking a large scale bribe.18:20 12.10.2016
Prosecutors demanded forfeiture of 22 properties owned by Russian officials in 2016In 2016, prosecutors requested 22 properties worth 45 million rubles ($720,000) owned by officials to be forfeited to the state by lodging 14 respective claims with courts.17:55 03.10.2016