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

Appellate court rejects Interlink's appeal, finding no legal basis for the attachment.

Mar. 14, 2026 at 4:07am

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A Swiss appellate court has upheld a lower court's ruling that invalidated 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 failed to demonstrate a legally sufficient basis for the attachment.

Why it matters

This ruling is a significant development in the ongoing legal disputes between Interlink and VSMPO-AVISMA, a leading global supplier of titanium products. The court's decision reinforces VSMPO-AVISMA's position that Interlink's claims lack a proper legal foundation and underscores the company's confidence in defending itself against what it believes are unfounded allegations.

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 global supplier of titanium products and alloys, serving 450 companies across 50 countries and primarily focused on the aerospace, power generation, oil, and medical sectors.

Interlink Metals and Chemicals AG

A company that initiated a 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 company's position that Interlink's claims lack a proper legal basis. This ruling represents a significant victory for VSMPO-AVISMA in the ongoing legal disputes and underscores the company's confidence in defending itself against what it believes are unfounded allegations.