Russian businessman loses appeal of US seizure of $300 million yacht
( June 1, 2026, 23:43 GMT | Official Statement) -- MLex Summary: The US Court of Appeals for the Second Circuit affirmed a lower court's decision that a Russian businessman lacked standing to claim ownership of a $300 million yacht that the US government said was owned by a blacklisted oligarch.See attached file....
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.