Documents reveal Google hit with $129 million French asset freeze following Russian court decision.

By Leo Marchandon, Inti Landauro and Gleb BryanskiPARIS/MOSCOW, – The administrator of Google’s defunct Russian business has obtained a temporary freeze on some 110 million euros of the Alphabet-owned company’s assets in France, official orders seen by Reuters show.The move represents a rare attempt by Russian authorities to use legal channels to target assets of western companies overseas, amid rising tensions over the potential use of seized Russian assets in Europe.Russia’s central bank is separately suing Brussels-based financial institution Euroclear, which holds many of the frozen Russian assets, in a Moscow court.The measure against Google France involves shares belonging to Google International and was sought by Google Russia, acting through its court-appointed judicial administrator.The French bailiff declined to comment. Google, Google Russia’s administrator and the French government did not respond to repeated Reuters requests for comment.The French bailiff’s orders show its action is based on three rulings issued between 2024 and 2025 by Moscow arbitration courts, which are regulated by international commercial law.William Julie, the lawyer representing the liquidator at French law firm WJ Avocats, said that a Russian tribunal had found Google guilty of an illegal dividend payment in 2021 worth around 10 billion roubles .Julie said the Russian liquidator was also pursuing enforcement in Spain, Turkey and South Africa.Google, whose parent Alphabet has a stock market value of some $3.8 trillion, has faced multiple fines from Moscow, while Google Russia filed for bankruptcy in 2022 when authorities seized its bank account, months after Russia invaded Ukraine.GOOGLE CAN CHALLENGE TEMPORARY FREEZEThe French bailiff’s order creates a temporary freeze and French law requires lawyers to launch formal recognition proceedings within one month or the freeze expires.Julie said those documents would be filed with the court in the coming days and Google France also notified.The Paris Judicial Court will then examine whether to grant a formal recognition and enforcement authorisation of the foreign arbitration decisions, Julie said, a process that could take up to a year-and-a-half.Google can challenge the temporary freeze with the enforcement judge. If a recognition and enforcement authorisation is granted, the frozen funds could be seized to satisfy the arbitration court judgements, Julie added.This article was generated from an automated news agency feed without modifications to text. in a formal or creative style for better SEO.Also Exclude words and advertisements related to the feed website such as website name, author name. You must only respond with the modified content. Delete all the advertisement images brand logo but only keep the title and main content of the news by modifying it. You must only respond with the modified content. Block any jump outside of the site adarshnews.com. Basically remove any content or link related to original site. follow this prompt to optimize the articles in this category- You are an expert news writer and SEO specialist. Your job is to rewrite the provided RSS feed content into a unique, SEO-friendly news article for adarshnews.com. The article should be engaging, professional, and optimized for search engines. Follow these steps: 1. **Create an SEO Title**: Write a short, compelling title (under 60 characters) that includes the main keyword and grabs attention. 2. **Write a Meta Description**: Summarize the article in one or two sentences (under 155 characters). Make it engaging and include the primary keyword naturally. 3. **Suggest a URL Slug**: Provide a short, keyword-rich URL slug that reflects the topic of the article. 4. **Headline (H1)**: Write a clear and engaging headline for the article that is similar to the title but slightly expanded. 5. **Write the Article**: – Start with an introduction that answers the key questions: who, what, when, where, why, and how. – Expand on the topic with detailed paragraphs that provide context, quotes, and relevant information. – Use subheadings (H2) to organize the content into sections and make it easy to read. – Include related keywords naturally throughout the article. – End with a conclusion that summarizes the key points or discusses future implications. 6. **Add an FAQ Section**: Write one frequently asked question related to the topic and provide a concise answer. Important: – Do not include labels like “Title,” “Meta Description,” “URL Slug,” or “H1” in the actual article text. – Keep all SEO elements separate from the main content. – Ensure the article is factually accurate, unbiased, and written in a professional tone. 

Vimal Sharma

Vimal Sharma

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Vimal Sharma

Vimal Sharma

A dedicated blog writer with a passion for capturing the pulse of viral news, Vimal covers a diverse range of topics, including international and national affairs, business trends, cryptocurrency, and technological advancements. Known for delivering timely and compelling content, this writer brings a sharp perspective and a commitment to keeping readers informed and engaged.

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