Microsoft Subject to Dutch Penalties In Russia-Linked Bank Bankruptcy

Microsoft Subject to Dutch Penalties In Russia-Linked Bank Bankruptcy
The Microsoft logo in Los Angeles, on Nov. 7, 2017. Lucy Nicholson/Reuters
Benzinga
Updated:

A Dutch Court ordered Microsoft Corporation to allow bankruptcy trustees appointed to the Russia-linked Amsterdam Trade Bank to access its data or face damages, Bloomberg reports.

Netherlands declared ATB, a lender linked to Russia’s Alfa Group, bankrupt after U.S. and U.K. sanctions paralyzed its payment systems.