The two claims over an unfulfilled contract amount to $340 million RusChemAlliance (RCA), a joint venture half owned by Russia’s Gazprom, has taken legal action against several major German banks over a 2021 contract that was not fulfilled due to sanctions, Interfax news agency reported on Tuesday, citing arbitration court files. A claim for the ruble equivalent of $244.5 million was filed against Deutsche Bank AG with the St. Petersburg and Leningrad Region Arbitration Court on June 27, Interfax said. Another claim, for the equivalent of $96 million, was filed against Commerzbank AG on June 29. RCA, which is half
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