MOSCOW (Reuters) - Russia’s Supreme Court ruled on Thursday that Jehovah’s Witnesses were an “extremist” organization and must disband and hand over all property to the state, local media said.The religious grouping confirmed the ruling about its “liquidation” in Russia.The fund returned 18.1 percent in 2013 before losing 1.4 percent the following year.In the first 11 months of 2015, the fund was up 0.9 percent, according to data compiled by Bloomberg.
Its Russian branch, based near St Petersburg, has said a ban would directly affect around 400 of its groups and have an impact on all of its 2,277 religious groups in Russia, where it says it has 175,000 followers.
Religious life in Russia is dominated by the Orthodox Church, which exerts considerable political influence and enjoys the support of President Vladimir Putin.
Some Orthodox scholars view Jehovah’s Witnesses as a ‘totalitarian sect’.
Honored as a Delaware Super Lawyer from 2007 to the present, Adam lectures and writes frequently on chapter 11 bankruptcy topics. Landauer Healthcare Long John Silver’s Marvel Enterprises Maxxim Medical Group, Inc. (Warehouse Lender) Aurora Foods (Secured Lender) Burlington Industries (Secured Lender) Cable & Wireless (Secured Lender) CCS Medical, Inc.
Adam is a past Secretary, Vice Chair, and 2011 Chair of the Bankruptcy Section of the Delaware State Bar Association. SW Liquidation LLC (Saladworks) Sweetskin Z Holdings, Inc. (Special Counsel) Neoplan USA Corporation (Special Counsel) Res MAE Mortgage Corporation Riverstone Networks, Inc. (Secured Lender) Digital Domain Media Group (Secured Creditor) ESML Holdings, Inc., et al. (Largest Unsecured Creditor) Milagro Holdings, LLC, et al. (Largest Unsecured Creditor) Trico Steel (Secured Lender) W.