How a Russian court ruling triggered $129 million freeze on Google assets in France
Google faces a temporary freeze of approximately 110 million euros in French assets, secured by the administrator of its defunct Russian subsidiary. This rare move stems from Russian arbitration court rulings finding Google guilty of an illegal dividend payment. Similar enforcement actions are reportedly underway in Spain, Turkey, and South Africa.
Google faces a temporary freeze of approximately 110 million euros in French assets, secured by the administrator of its defunct Russian subsidiary. This rare move stems from Russian arbitration court rulings finding Google guilty of an illegal dividend payment. Similar enforcement actions are reportedly underway in Spain, Turkey, and South Africa.
