Swiss Court Upholds Ruling Against Interlink's Asset Attachment on VSMPO-AVISMA

Appellate court rejects Interlink's appeal and orders the company to pay legal costs.

Mar. 14, 2026 at 12:05am

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A Swiss appellate court has upheld a lower court's ruling invalidating an asset attachment obtained by Interlink Metals and Chemicals AG against VSMPO-AVISMA Corporation. The court rejected Interlink's appeal and ordered the company to pay legal costs, agreeing with the lower court that Interlink's damages claim was improper under Swiss law.

Why it matters

The decision represents a significant development in the ongoing legal disputes between VSMPO-AVISMA and Interlink, reinforcing VSMPO-AVISMA's position that Interlink's claims lacked a proper legal foundation. As a leading global supplier of titanium products, this ruling helps protect VSMPO-AVISMA's assets and operations.

The details

In December 2024, Interlink initiated a sequestration action in Switzerland seeking to attach assets allegedly connected to VSMPO-AVISMA. A lower court subsequently invalidated the attachment, concluding that Interlink had failed to demonstrate a legally sufficient basis for the measure and that there was "no causal link" between the damages Interlink claimed and the breaches it alleged. Interlink appealed the decision, but the Swiss appellate court has now affirmed the lower court's ruling, confirming that the attachment should not stand.

  • In December 2024, Interlink initiated a sequestration action in Switzerland seeking to attach assets allegedly connected to VSMPO-AVISMA.
  • In 2026, the Swiss appellate court upheld the lower court's ruling invalidating the asset attachment.

The players

VSMPO-AVISMA Corporation

A leading vertical supplier of titanium products and alloys, serving 450 companies across 50 countries. Primarily focused on global aerospace, they also supply power generation, oil, and medical sectors.

Interlink Metals and Chemicals AG

The company that initiated the sequestration action in Switzerland seeking to attach assets allegedly connected to VSMPO-AVISMA.

Jay Auslander

Counsel for VSMPO-AVISMA.

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What they’re saying

“This decision confirms what we have said from the outset. The attachment obtained by Interlink lacked a proper legal foundation as well as any factual link between the damages it seeks and the breaches it alleges. The appellate court's ruling reinforces that Interlink failed to establish even a plausible claim to justify the extraordinary and utterly unjustifiable remedy it sought at VSMPO-AVISMA's expense.”

— Jay Auslander, Counsel for VSMPO-AVISMA

The takeaway

The Swiss appellate court's decision to uphold the invalidation of Interlink's asset attachment against VSMPO-AVISMA reinforces the Russian company's position that Interlink's claims lacked legal merit, helping to protect VSMPO-AVISMA's global operations and assets.