Law Firms

Freshfields severs ties with Russia-owned VTB 

The firm has taken ‘immediate steps’ to sever its ties with Russian-owned bank VTB, and also moved to “terminate, suspend or decline” mandates with Russian client

Freshfields has become one of several leading law firms to cut ties with Russia in the wake of the invasion of Ukraine.

The firm has taken “immediate steps” to sever its ties with Russia-owned bank VTB, for example, and also moved to “terminate, suspend or decline” mandates with Russian clients.

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