The court in France lifted the arrest from the Roscosmos due to funds

The Court of Great Instance of the city of Eurys in France issued a verdict in favor of Roscosmos in the case of the arrest of funds due to it at the request of one of the shareholders of Yukos, Vetran Petroleum. This was reported by the press service of the state corporation.

We are talking about the money that was paid by the Arianespace company to the Russian side for the work carried out as part of the Soyuz program in the GCC.

This is the second similar verdict. In January 2016, a similar decision was made to arrest, carried out by another Cypriot shareholder of Yukos, Hulley Enterprises.

"This is a really important milestone in the judicial lawships around the business relations between Arianespace and the" Roscosmos ". At the same time, I believe that partners should not relax: there are other companies - shareholders of the Yukos. Of course, having two positive precedents on their hands, to fight them is much easier. However, it cannot be excluded that the opponents of Arianespace and the" luxury of luxury "are not guided Only the desire to win and receive money, but also to cause the maximum possible damage to the benefits of other players in the space launches market, ”said Sergey Savelyev, deputy leader of the state corporation.

The day before, it was reported that a large share of Russian assets arrested in France in the lawsuit of former shareholders of the Yukos falls on cash receipts due to Russian space enterprises . According to the American legal magazine, The American Lawyer, the arrested Russian state state government includes $ 400 million payable to the Eutelsat satellite operator to the FSUE Cosmic Communication, and $ 300 million, which the Arianespace must pay Roskosmos. We are talking about the payment for the provision of Russian satellite resource, as well as for the supply of Russian launch vehicles. Russia challenged the arrests of the money of Roscosmos and Space Communications in French courts of first instance.

The representative of the plaintiffs confirmed the published information, but clarified that the total amount of Russian assets arrested in France is approximately $ 1 billion.

In December 2015, the Court of Appeal of Paris ordered the former shareholders of Yukos to send any money to a special conditional account that they could receive as a result of the execution of the Hague arbitration decision in France.

The decision in the case of former shareholders of the Yukos Gagos arbitration issued the decision in July 2014. About 50 billion dollars were recovered from Russia. However, Moscow did not start paying to the plaintiffs, so the penalties were turned to Russian property in Western countries. In June 2015, Russia's assets were arrested in France and Belgium. The shareholders also filed applications for executive measures in a lawsuit in the courts of the United States, Great Britain and Germany, since in these countries, unlike France and Belgium, property cannot be arrested without sanction.

Russia appealed the arrests of property in France to the Court of Appeal of Paris, but in December 2015 it lost the trial .

On December 17, 2015, the Court of Appeal of Paris rejected Russia's petition for the suspension of enforcement on the territory of France by the decisions of the Hague international arbitration on the claim for former shareholders of the Yukos. The GML GML GBRALLTAR Law Company, who was called the court’s decision with its victory, which will continue to pay a penalty to property belonging to Russia.