Raiffeisen Wins Default Judgment Against Rasperia
Raiffeisen Bank International secured a default judgment in Vienna ordering Rasperia to pay 3.15 billion euros in damages. The lender plans to target Rasperias frozen Austrian assets if no appeal is filed.
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Raiffeisen Bank International secured a default judgment for €3.15 billion ($3.60 billion) against sanctioned entity Rasperia from a court in Austria during Tuesday evening.
The ruling marks the latest escalation in a legal battle stemming from a collapsed 2023 corporate transaction involving Russia-based assets.
