breaking news US wins latest legal battle to seize Russian yacht in Physique - Business News lastminute news
WELLINGTON, New Zealand (AP) - The United States on Friday won the latest round of legal battles to seize Russian-owned superyachts worth $325 million in
WELLINGTON, New Zealand (AP) – The United States on Friday won the latest round of legal battles to seize Russian-owned superyachts worth $325 million in Fiji, the case now referred to the Pacific nation’s top court.
The case has exposed the thorny legal base on which the US finds itself as it tries to seize the assets of Russian oligarchs around the world. Those intentions are welcomed by many governments and citizens who oppose the war in Ukraine, but some actions are raising questions about how far US jurisdiction extends.
Fiji’s Court of Appeals on Friday dismissed an appeal by Feizal Hanif, who represents the company that legally owns the superyacht Amadia. Hanif had argued that the US had no jurisdiction under Fiji’s mutual aid laws to confiscate the ship, at least until a court decided who actually owned Amadia.
Hanif said he now plans to take the matter to the Supreme Court of Fiji and will apply for a court order barring US agents from traveling from Fiji to Amedia before hearing the appeal.