USA wins case to seize Russian superyacht in Fiji, sails away
Posted: Sun Jun 12, 2022 2:35 pm
https://www.ctvnews.ca/world/u-s-wins-c ... -1.5935968
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 US$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.
In Fiji, the nation's Supreme Court lifted a stay order which had prevented the U.S. from seizing the superyacht Amadea.
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 US$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.
In Fiji, the nation's Supreme Court lifted a stay order which had prevented the U.S. from seizing the superyacht Amadea.