Russian Court Cases - Update

Summary by AI BETAClose X

JPMorgan Emerging EMEA Securities PLC provided an update on Russian court cases. An appeal has been filed to the Court of Cassation regarding VTB Bank's claim of $439.5 million, with a hearing scheduled for December 15, 2025. Enforcement by VTB is not expected before the court's decision. The cases related to VTB Bank's claims of $81.3 million, $74.5 million, and €108 million are currently under court suspension rulings. The hearing date for Sberbank's claim of $830,183 is set for November 17, 2025. The board will continue to provide updates as the cases progress.

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