A federal court in New York rejected a Russian businessman’s challenge to the U.S. government’s seizure of a luxury superyacht believed to belong to sanctioned Russian oligarch Suleyman Kerimov. The ruling brings the U.S. closer to taking ownership of the yacht, named Amadea, as part of civil forfeiture efforts to support Ukraine’s war against Russia. The court found no evidence of ownership by the businessman and plans to pursue forfeiture by default. The legal battle continues as U.S. taxpayers have spent millions on the yacht’s maintenance.
Subscribe to Updates
Get the latest creative news from FooBar about art, design and business.
Court rejects Russian oligarch’s challenge to US efforts to confiscate yacht
Injusticeto Team1 Min Read