Arrest of Russian funds in France is now interlocutory injunction – source

14:38, 11.04.2016 1 min read

There is currently no threat of direct seizure from Russia of the funds arrested in France under a lawsuit filed by former Yukos shareholders, a source with knowledge on the matter told Interfax on Monday.

"Because Russia has contested the Paris High Court verdict on the recognition and implementation of the decision made by the Arbitration Court in The Hague on the Yukos case and no final decision has been made on this issue yet, the arrest of the Russian assets in France is an interlocutory injunction measure and does not pose a threat of direct seizure of these funds in favor of the future Yukos shareholders," the source said.