The lessor has settled with Nordwind and a Russian insurer for €91m in a dispute over five aircraft that were stranded in Russia since the start of the Ukrainian war.
The e-book company relocated its HQ to Ireland several years ago but it finds itself in an unusual position with being sanctioned by both Ukraine and Russia.
The CRO recently struck off a VTB entity that had raised $2bn for the state-owned Russian bank but another Irish company was quietly acquired by a group with former links to the bank.
The Government missed the deadline on a new EU directive that harmonises criminal offences around sanctions violations. The rules are aimed at better enforcing measures against Russia.
Fencing Ireland has criticised the sport’s governing body for loosening restrictions on Russian athletes with military links. All the while, questions swirl over a sanctioned oligarch’s grip on the sport.
Aircraft repair company Ascent Aviation is pursuing money and the right to seize planes in the US courts but the liquidation proceedings of Russian owner GTLK is causing lengthy delays.
Ivan Neculiti was recently sanctioned by the EU, accused of operating servers used by Russia for cyber-attacks. The Moldovan has an Irish company among his string of businesses.
Lukoil Capital DAC was registered months before the war in Ukraine and raises money that’s funnelled back to the Russian firm, which is a major player in the Kremlin's economy.
Russia is moving to seize critical infrastructure at home, including an airport, and authorities have identified an Irish subsidiary as a matter of interest.
Volga-Dnepr’s Irish arm is tangled up in legal disputes in Canada and the UK. Questions linger over what the airline’s Irish company is doing now.
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