Tag: Russian Yacht

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…

Russian national Vladislav Osipov charged with five counts of bank fraud in connection to the motor yacht M/Y TANGO

On February 22, 2024, the U.S. Attorney’s Office revealed five new counts of bank fraud against Swiss resident Vladislav Osipov, an employee of sanctioned Russian businessman Viktor Vekselberg, owner of the 77.7-meter motor yacht Tango. The press release reads “Osipov and his employees instructed the yacht management company to avoid doing business with banks in Tango’s true…