allegation
Courts disagree on whether Russian companies are obliged to pay on eurobonds issued outside Russia, and limitation periods are expiring.
A allegation by РБК. Statements are as reported by the cited publishers — not verified by DecisionGateway.
Суды спорят о том, обязаны ли российские компании платить по еврооблигациям, выпущенным вне России. А сроки исковой давности истекают.
Related claims
Eurobonds of Russia-linked issuers are blocked in foreign banks; payments cannot be received abroad because payments from Russia are blocked and many foreign technical issuers (SPVs) have been liquidated.Игорь Кузнец и Екатерина Дроздова · allegationA number of Russian companies voluntarily make payments on such eurobonds, but far from all do so.Игорь Кузнец и Екатерина Дроздова · allegationPayments on such eurobonds can be sought in Russia, since the funds received from investors at issuance are located in Russia and nothing prevents Russian companies linked to foreign issuers from paying them to investors.Игорь Кузнец и Екатерина Дроздова · allegationFor securities held abroad there is no universal rule: указ президента РФ от 8 августа 2022 года № 529 provides a right, not an obligation, for Russian companies to make payments on eurobonds.Игорь Кузнец и Екатерина Дроздова · statementУказ президента Российской Федерации от 20 мая 2024 года № 430 provides for the obligation of a Russian person to answer to investors in Russia on eurobonds held in Russia.Игорь Кузнец и Екатерина Дроздова · statementAs a general rule the limitation period is three years; if the court finds it expired and the defendant invokes it, this may be grounds for refusing the claim.Игорь Кузнец и Екатерина Дроздова · statement