Swiss-based fertilizer giant EuroChem Group AG said the European Union’s highest court confirmed the company is not itself subject to restrictive measures imposed on its founder, Russian billionaire Andrey Melnichenko, easing a long-running compliance overhang for the company and its counterparties.
In an Oct. 29 order, the president of the Court of Justice of the European Union Koen Lenaerts said funds and economic resources of Firstline Trust – EuroChem’s owner – held by Linetrust, the
