.
US wins case to seize Russian superyacht in Fiji, sails away
- font size decrease font size
increase font size
WELLINGTON, 08 June 2022, (TON): The United States won a legal battle to seize a Russian-owned superyacht in Fiji and wasted no time in taking command of the $325 million vessel and sailing it away from the South Pacific nation.
The court ruling represented a significant victory for the US as it encounters obstacles in its attempts to seize the assets of Russian oligarchs around the world.
While those efforts are welcomed by many who oppose the war in Ukraine, some actions have tested the limits of American jurisdiction abroad.
In Fiji, the nation’s Supreme Court lifted a stay order which had prevented the US from seizing the superyacht Amadea.
Chief Justice Kamal Kumar ruled that based on the evidence, the chances of defense lawyers mounting an appeal that the top court would hear were “nil to very slim.”
Leave a comment
Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.
