×
App Icon
The Standard e-Paper
Smart Minds Choose Us
★★★★ - on Play Store
Download App

How Russia could use bankruptcy law to punish foreign companies

Ukrainian servicemen carry a body at the site of a military strike on a shopping center in the Podilskyi district of Kyiv, as Russia's invasion of Ukraine continues, in Kyiv, Ukraine March 21, 2022. [Reuters]

As foreign companies seek to exit Russia over the war in Ukraine, they face the prospect that Russian bankruptcy law could be used to seize assets and even lead to criminal penalties. Here is how that could work: 

Premium Article

Get Full Access for Ksh299/Week.

Bold Reporting Takes Time, Courage and Investment. Stand With Us.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902