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Russian Oligarch Rotenberg Files Lawsuit Against Nordic Banks

Oct. 19, 2018, 4:40 PM

Billionaire Boris Rotenberg filed a lawsuit against Nordic lenders including Nordea Bank Abp for violations of service agreements as a result of U.S. sanctions imposed on him in 2014.

The suit was filed at the Helsinki District Court and is also directed against Svenska Handelsbanken AB, Danske Bank A/S and OP Corporate Bank, the court said Oct. 19. This court declined to comment further and the documents in the case have been declared confidential.

The suit was filed on Oct. 4 and the defendants were notified a week ago. They have 30 days to respond after they have signed the...

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