Moscow court asks claimant to fund bankruptcy case against Euroclear

A Moscow arbitration court is seeking claimant consent to fund bankruptcy proceedings against Belgian depositary Euroclear, a move that could escalate Russian legal pressure on Western financial institutions. The case follows earlier Russian court rulings that seized Euroclear assets in retaliation for Western sanctions. The funding question suggests the court is advancing the bankruptcy claim, but the claimant's response and the court's final decision remain uncertain.