Tuesday, 31 March, 2026
Russian Court Ruling Triggers Google's $129M French Asset Freeze
By Isha
Google's defunct Russian subsidiary's administrator secured a temporary freeze on approximately 110 million euros ($129 million) of Google's assets in France. The action, which targets shares in Google France, is based on a Moscow arbitration court ruling regarding an illegal 2021 dividend payment. This move is a rare attempt by Russian authorities to pursue Western company assets overseas.