US Fund Pursues Tsarist-Era Debts Amid Frozen Russian Assets
American investment fund Noble Capital RSD has initiated legal action against Russia, demanding over $225 billion for unpaid debts and financial obligations of the former Russian Empire, which were disavowed by the Bolsheviks in 1917. The fund seeks U.S. authorities to seize frozen Russian sovereign assets as recompense for these century-old bonds, asserting this action aligns with international legal principles. Noble Capital’s claim stems from $25 million in sovereign bonds issued in 1916 with a 1921 maturity date, arguing Russia remains liable for over a century of accrued interest.
John Q. Hosedrinker