Russia’s RusChemAlliance Sues 5 European Banks Over Aborted Gas Project September 17, 2024 Russian company RusChemAlliance has filed new lawsuits against five European banks that stopped financing the construction of a gas project...
Russian Court Orders $1.2B of Linde UK Assets Be Frozen August 14, 2024 A Russian court has ordered that assets worth around $1.15 billion of a British subsidiary of German industrial gases company...
Russian Court Orders Volkswagen to Pay $193M in Damages to Russian Carmaker July 9, 2024 A Russian court has ordered Volkswagen to pay 16.9 billion roubles ($193 million) in damages to Russian carmaker GAZ Group,...
Here Are the Legal Battle Lines in Ireland’s Multi-Billion Euro Russian Jet Trial June 28, 2024 The opening salvos have been fired in a 2.5 billion euro ($2.7 billion), Irish court battle between some of the...
Details of Aviation Lessor Settlements With Russia Over Trapped Planes June 21, 2024 Aircraft leasing firms have struck settlements with Russia totalling around $2.7 billion for over a quarter of the roughly 400...
ECB Warns of Financial Stability Risks From Global Elections, Geopolitics May 16, 2024 By Alexander Weber Geopolitical tensions and a raft of elections around the world are heightening the risk that investors will be jolted by...
Three Insurers Reject Chevron’s $57 Million Claim for Iran Oil Seizure May 9, 2024 Three insurance companies have rejected Chevron’s claim over the seizure last year of an oil cargo by Iran, according to...
Geopolitical Risks: Why Underwriters Are Watching Aggregations May 2, 2024 By George Barratt Executive Summary: With instances of violent unrest rising across the globe in recent years, property all-risk insurance programs bore significant...
Russia’s Baltika Sues Carlsberg Subsidiaries for Over $900M in Damages April 1, 2024 Russia’s Baltika Breweries has sued four Carlsberg subsidiaries for damages amounting to 6.24 billion Danish crowns ($902 million), Russian court...
Update: Foreign Firms’ Losses From Exiting Russia Top $107 Billion March 28, 2024 By Alessandro Parodi and Alexander Marrow The corporate exodus from Russia since its 2022 invasion of Ukraine has cost foreign companies more than $107 billion in...