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Moscow Court Adjourns $235B Euroclear Lawsuit Amid Sanctions

1/16/2026

Summary

Story summary

A Moscow court adjourned the Russian central bank's $235 billion lawsuit against Euroclear, with a spring resumption planned.
The December filing seeks damages for frozen assets held by Euroclear under European Union (EU) sanctions after Russia's invasion of Ukraine.
The EU considered using these assets to support Ukraine but abandoned the plan due to legal concerns.
The proceedings are closed to the public, with Judge Anna Petrukhina citing banking secrecy.

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Story summary

A Moscow court adjourned the Russian central bank's $235 billion lawsuit against Euroclear, with a spring resumption planned.
The December filing seeks damages for frozen assets held by Euroclear under European Union (EU) sanctions after Russia's invasion of Ukraine.
The EU considered using these assets to support Ukraine but abandoned the plan due to legal concerns.
The proceedings are closed to the public, with Judge Anna Petrukhina citing banking secrecy.