The court arrested the property of Volkswagen in Nizhny Novgorod on the lawsuit of GAZ

The Arbitration Court of the Nizhny Novgorod Region decided to seize the property of the German company Volkswagen in Russia as part of the lawsuit of the Russian automaker “GAZ Group» on the recovery of 15.6 billion rubles. Document published in the file of arbitration cases.

In particular, the court decided to seize the following Volkswagen property in Russia:

At the same time, the arbitration court prohibited the Federal Tax Service from carrying out any registration actions related to the liquidation, reorganization, change in the composition of participants, increase and decrease in the authorized capital of Volkswagen Group Rus LLC.

It is specified that GAZ Group filed a lawsuit on March 16. The reason was the termination of the agreement on contract assembly at the plant in Nizhny Novgorod.