Legal
Liquidators of Russian firms warn hands are tied by sanctions
High Court hears that Russian-owned transport leasing companies may be using red-tape delays to put assets out of reach of creditors
The liquidators of two Russian-state-owned aircraft and maritime leasing companies have described the situation they face in their work as “acute”, and said there was a significant risk that assets were being put out of reach of creditors, according to High Court filings.
The joint liquidators, who were appointed over GTLK Europe Capital DAC and GTLK Europe DAC last month, want the High Court to formally recognise them, and not any Russian entity, as having ...
