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Month: March 2022

As companies leave Russia, their assets could be seized

By The Associated Press Hundreds of foreign brands have suspended operations in Russia since the invasion of Ukraine began. Russian President Vladimir Putin has indicated he favors bringing in outside management and potentially transferring the ownership of companies whose foreign owners shut down production. A draft law could allow Russian courts to appoint external administrators

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As companies leave Russia, their assets could be seized

By The Associated Press Hundreds of foreign brands have suspended operations in Russia since the invasion of Ukraine began. Russian President Vladimir Putin has indicated he favors bringing in outside management and potentially transferring the ownership of companies whose foreign owners shut down production. A draft law could allow Russian courts to appoint external administrators

Continue Reading