Russia Loses Bid For $325M Security In Ukraine Bond Suit

Law360, London (July 26, 2017, 5:19 PM BST) -- A U.K. judge on Wednesday tossed Russian Federation demands that Ukraine should hand over $325 million as security in exchange for not attempting to enforce its London High Court win in a dispute over $3 billion in unpaid Ukrainian bonds.

Judge William Blair said the court would not impose the demand that Ukraine must pay any of the amount owed to Russia before the Court of Appeal rules on the dispute, which centers on payments owed since 2015 on Ukrainian bonds.

The High Court ordered Ukraine on Mar. 29 to repay a defaulted $3 billion bond in a dispute emanating from...

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