October 10, 2017 — The former majority shareholders decided to withdraw from enforcement proceedings in France after most of the attachments had been lifted by by enforcement judges around the country. GML has concluded that it is economically inefficient to pursue enforcement in France. Today’s decision also took into account new French legislation that came into force in 2017 as part of the ‘Sapin II’ economic reforms. The new legislation drastically limits the possibility of attaching further assets belonging to the Russian Federation in France. The previous French government introduced the new rules in response to pressure from the Russian government.