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

... since February 24, 2022. Until July 1, 2024, when permits from the EU were in effect, heating and electricity bills were still being paid. They were conducted by third parties. Now the heating in the building is turned off, and the company has to cover debts on its own, which turned out to be impossible due to sanctions. The legal problem is that there is money, but the company cannot use it. A representative of the Finnish Foreign Ministry reported at the end of June that the object could be confiscated by the state, but this would require the adoption of ...

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

... natural gas processing plant as part of an ethane-containing gas processing complex in the Leningrad Region. But in the spring 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.

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