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THE EUROPEAN UNION WILL NOT RECOGNIZE THE ANTI-SEARCH BANS OF RUSSIAN COURTS

The European Union has banned the recognition and enforcement in the European Union of decisions rendered by Russian courts on claims related to EU companies in Russia. This statement was made as part of the 15th package of anti-Russian sanctions. As specified, the decision of the European Union on the positions of Russian courts "should protect" organizations in disputes with companies from the Russian Federation. According to representatives of the European Union, decisions on Article 248 of the Agro-industrial Complex of the Russian Federation often lead to ...

THE FINNISH ARENA OWNED BY RUSSIANS MAY BE BANKRUPT DUE TO SANCTIONS

The company managing the Helsinki Hall arena in the Finnish capital may be declared bankrupt. The organization turned out to be insolvent due to sanctions, since it cannot pay the payments made to it by the city authorities and public utilities. The sports and concert venue began its work in the spring of 1997. According to TASS, it is the largest indoor arena in the country. During the hockey ...

The court left the 100 million rubles claim against Chanel without action

... reasons for this were the shortcomings found in the application. Now the initiators of the case will have to eliminate them before mid-May, otherwise the claim will be returned. We should recall that earlier three people appealed to the Basmanny Court of Moscow with a cl https:// aim challenging the position of Chanel boutiques on a ban on the sale of goods worth more than 299 € to Russians. The applicants considered this a violation of their rights and demanded compensation for non-pecuniary ...

OVER 100 BILLION WERE RECOVERED FROM GERMAN LINDE IN THE CASE OF RUSKHIMALLIANCE

The Arbitration Court of St. Petersburg has recovered more than 669.7 million euros and more than 30.7 billion rubles (in total – more than 101 ... ... of 2022, the head of Linde announced that the company was stopping any work on the territory of the Russian Federation due to sanctions. Ruskhimalliance broke the deal and filed a lawsuit. Arbitration at the end of 2022 seized Linde assets worth 35 billion....

RUSSIAN SUBSIDIARY OF JOHNSON&JOHNSON TRYING TO GET 580 MILLION FROM BIOTECH

... by its subsidiary, continues to operate on the market. Unlike other foreign pharmaceutical giants (Bayer, Pfizer), the company announced its intention to continue working on the territory of the Russian Federation and Ukraine, despite the economic sanctions from a number of countries. According to the statement of the company's chief financial officer Joe Volk, the healthcare sector should become an exception in the stream of sanctions. In the sales volume of JNJ, the market of Russia and Ukraine ...

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