U.S. wins case to seize oligarch's superyacht in Fiji.

Saved in:
Bibliographic Details
Title: U.S. wins case to seize oligarch's superyacht in Fiji.
Authors: Nick Perry The Associated Press
Source: Toronto Star (Canada). 06/08/2022.
Abstract: The United States won a legal battle on Tuesday 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 U.S. 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. [ABSTRACT FROM PUBLISHER]
Database: Newspaper Source Plus
Full text is not displayed to guests.
Description
Abstract:The United States won a legal battle on Tuesday 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 U.S. 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. [ABSTRACT FROM PUBLISHER]