Russian court rejects seizure of Siemens power turbines in Crimea

A Russian court has dismissed Siemens’ action against Technopromexport, a subsidiary of Russian state conglomerate Rostec, and has refused to order the seizure of four power turbines that were transferred to Russia-annexed Crimea. The lawsuit had been filed in July after Siemens had learned that the turbines had been diverted to Crimea in breach of contract and in violation of...

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About Michael O'Kane

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Michael is Senior Partner at Peters & Peters LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters LLP...

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