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U.S. trustees for Russia's En+ to be paid by En+

Reuters

13 Feb 2019

Morrison & Foerster partner Michael Dobson discusses En+ and Rusal sanctions, which blacklisted Deripaska along with several other influential Russians because of their ties to Russian President Vladimir Putin in the Reuters article entitled “U.S. trustees for Russia's En+ to be paid by En+.” Sanctions were lifted in January after Deripaska reduced his stake in En+ to almost 45 percent from 70 percent.

Dobson noted that he did not see a problem with En+ paying the trustees, noting that it was standard for a company to play that role and that En+ was no longer under sanctions.

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