NEW YORK, Aug 9 (Reuters) - JPMorgan Chase ( JPM ) on

Friday asked a U.S. judge in Manhattan to dismiss its lawsuit

against Russia's VTB Bank over a $439.5 million

account frozen after Russia invaded Ukraine, saying VTB

"coerced" it into requesting the dismissal.

The largest U.S. bank had sued VTB in April, after the

Russian state-owned bank sued in Russia to recover money that

had been frozen.

JP Morgan said U.S. sanctions blocked it from releasing the

funds, and VTB had agreed to resolve disputes in Manhattan, not

Russia.

But JPMorgan ( JPM ) said VTB later obtained an injunction from a

Russian court requiring that it discontinue the Manhattan

lawsuit.

JPMorgan ( JPM ) said its request for a discontinuance was "against

its will" because it faced uncertain risks in Russia if it

violated that injunction.faced uncertain risks in Russia if it

violated that injunction.

VTB is Russia's second-largest bank. It also wants

JPMorgan's ( JPM ) lawsuit dismissed, but the banks couldn't agree on

appropriate language for a joint dismissal order. U.S. District

Judge Lorna Schofield in Manhattan will review their proposals.

U.S.-based lawyers for VTB did not immediately respond to

requests for comment. JPMorgan's ( JPM ) lawyers did not immediately

respond to separate requests.

VTB was put on the U.S. Department of the Treasury's

sanctions list in February 2022 following the Ukraine invasion.

On Aug. 6, Schofield fined VTB $500,000 after it failed to

comply with her order to seek a stay of the Russian case.

Some of JPMorgan's ( JPM ) assets in Russia have been frozen in

connection with the dispute.

In its quarterly report on Aug. 2, JPMorgan ( JPM ) said it faces

claims and asset freezes in Russia that exceed the available

assets it has there, and that asset seizures remain possible.

The case is JPMorgan Chase Bank NA v VTB Bank PJSC, U.S.

District Court, Southern District of New York, No. 24-02924.