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Dispute over sale at center of US effort to seize yacht from sanctioned oligarch

By Samuel Rubenfeld ( January 21, 2025, 23:51 GMT | Insight) -- The US effort to complete the seizure of a superyacht worth up to $300 million centers on a September 2021 sale of the vessel to a sanctioned Russian oligarch, according to opening arguments today in an evidentiary hearing to determine the standing of another Russian businessman’s ownership claim.The US seizure of a superyacht worth up to $300 million centers on a purported September 2021 sale of the vessel to a sanctioned Russian oligarch, according to opening arguments today in an evidentiary hearing to determine the standing of another Russian businessman’s ownership claim....

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