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Russian space boosted after French courts unfreeze receivables

Connectivity BusinessbyConnectivity Business
April 20, 2016
in Uncategorized
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French courts have unfrozen US$700m in receivables Eutelsat and Arianespace owed to the Russian space sector. The sum had been swept up by lawyers looking to retrieve US$50bn in damages awarded to the former oligarch owners of the Yukos Oil Company that Russia had been ordered to pay, but this week that verdict has been overturned as well. A Paris court […]

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Tags: ArianespaceEuropeEutelsatKhrunichevPremiumRoscosmosRussian Satellite Communications Company (RSCC)
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