Tag: Phi
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Dalston Projects Limited vs. The Secretary of State for Transport – Will the Supreme Court grant a “Permission to Appeal”?
Phi, the 60-meter luxury motor yacht owned by Russian businessman Sergei Naumenko, has been the inadvertent face of the UK’s sanctions regime in response to the Russian invasion of Ukraine. After the latest Court of Appeal ruling dismissing Naumenko’s challenge of the High Court ruling, Phi remains docked at London’s Canary Wharf as the Court…
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Court of Appeal rules in favor of The Secretary of State for Transport; finding the High Court’s decision to M/Y PHI’s seizure lawful
Court of Appeal rules in favor of The Secretary of State for Transport; finding the High Court’s decision to M/Y PHI’s seizure lawful Dalston Projects Limited and others (appellants) v The Secretary of State for Transport (respondent) Not the denouement her owner, captain, crew, and spectators hoped for, the 60-meter motor yacht Phi will continue…
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Deep Dive – M/Y Phi Challenges UK High Court Decision
You may recognize M/Y Phi as the backdrop of then UK Secretary of State for Transport Grant Shapps’ polemic at West India & Millwall Docks in London, delivering a stark warning of how the country plans to address Russian individuals as a result of the Russian invasion of Ukraine, using the yacht as an emblem…