Nizhny Novgorod Court freezes Volkswagen Russian assets
On March 20, multiple sources reported that the Arbitration Court of the Nizhny Novgorod Region confiscated the assets of the Volkswagen Group in Russia following a lawsuit by its former Russian partner Gorky Automobile Plant (GAZ). The decision came in response to GAZ’s lawsuit to recover around RUB 15.5 billion in ....
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