Press release
Boskalis wins summary proceedings against payment of EUR 39.5 million in bank guarantees due to sanctions on Russian project
Boskalis wins summary proceedings against payment of EUR 39.5 million in bank guarantees due to sanctions on Russian project Papendrecht, 9 June 2022 In light of European sanctions legislation, Boskalis suspended its activities on a Russian LNG project earlier this year. In response... the bank guarantees. Today the judge in summary proceedings ruled in favor of Boskalis on all major points and no payments may be made either