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Moscow Court Rejects Asset Seizure of U.S. Fund

1/20/2026

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Court Rejects Asset Seizure
  • A Moscow court dismissed prosecutors' bid to seize assets of U.S. private equity fund NCH Capital in Russia.
  • The decision comes as Russian and U.S. representatives prepare for talks at World Economic Forum in Davos.
  • Prosecutors had sought to ban NCH's activities, alleging its founders funded Ukraine's military.
  • NCH owns AgroTerra, a major Russian agricultural producer placed under state management in April 2024.
  • Prosecutors may appeal the ruling.
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