The court rejected Euroclear's request to suspend enforcement… (суд · иск · арбитражный)
The court rejected Euroclear's request to suspend enforcement proceedings regarding the Central Bank's lawsuit. The Arbitration Court of Moscow rejected the Belgian depositary Euroclear's request to halt enforcement of the Russian Central Bank's claim for 18.2 trillion rubles.
Consensus
- An arbitration court in Moscow rejected Euroclear's request to suspend enforcement proceedings on a $200 billion claim by the Russian Central Bank.
- The court had previously ruled in favor of the Central Bank, ordering Euroclear to pay the sum for damages caused by its actions in 2022.
- Euroclear had filed a motion to suspend enforcement proceedings on June 4, 2025.
- The Central Bank had filed the initial lawsuit in December 2025, citing unlawful actions by Euroclear and the EU's plan to freeze Russian assets.
- The total amount claimed was approximately 200 billion euros or 18.2 trillion rubles.
Points of divergence
- The court ruled on June 3, 2025, and the case was closed after the Central Bank's request for immediate enforcement on June 15, 2025. — kommersant
- The court ruled in mid-May 2025, and the Central Bank requested immediate enforcement on May 26, 2025. — vedomosti
- The Central Bank filed the lawsuit on December 12, 2025, and the court ruled in favor of the Central Bank on May 15, 2025. — interfax
- The court had previously rejected Euroclear's appeal against the ruling on the $200 billion claim. — vesti
Coverage (4 sources)
- Court Rejects Euroclear's Motion to Suspend Enforcement Proceedings in Central Bank Lawsuit — Коммерсантъ
- Court Rejects Euroclear's Motion to Stay Production on RF CB Lawsuit — Ведомости
- Court Denies Euroclear's Request to Suspend Enforcement Proceeding over RF CB Lawsuit — Интерфакс
- Court Denies Euroclear Request to Halt 200 Billion Euro Enforcement — Вести