#Latest news with #RasperiaTradingLtdBloomberg24-04-2025BusinessBloombergRussia Rejects Raiffeisen Appeal Against €2 Billion Court OrderRaiffeisen Bank International AG lost its appeal of a court decision ordering it to pay more than €2 billion ($2.3 billion) of damages to a company formerly owned by sanctioned Russian billionaire Oleg Deripaska. A commercial appeals court in St. Petersburg denied Raiffeisen's attempt to reverse an earlier court order to pay Rasperia Trading Ltd. damages for a failed transaction, according to a bank spokesperson who confirmed a report from the Austria Press Agency.
Bloomberg24-04-2025BusinessBloombergRussia Rejects Raiffeisen Appeal Against €2 Billion Court OrderRaiffeisen Bank International AG lost its appeal of a court decision ordering it to pay more than €2 billion ($2.3 billion) of damages to a company formerly owned by sanctioned Russian billionaire Oleg Deripaska. A commercial appeals court in St. Petersburg denied Raiffeisen's attempt to reverse an earlier court order to pay Rasperia Trading Ltd. damages for a failed transaction, according to a bank spokesperson who confirmed a report from the Austria Press Agency.
24-04-2025
