Tag: US Court
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US Government May Proceed with Sale of Seized Yacht Amadea after District Court Ruling Determines True Owner
Case: US v. M/Y Amadea, 23-cv-09304, US District Court, Southern District of New York (Manhattan). On Monday, March 10th, Judge Dale Ho. released his judgment on a case to determine the actual owner of Amadea, the 106-meter seized superyacht, ruling that Eduard Khudaintov’s attempt to block the US Government’s plans to auction off the vessel,…
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Hearings on Russian Superyachts in US and UK Courts Show Who’s Really Paying The Price
Cases: When the United States, United Kingdom, and other governments started to impose sanctions on Russian individuals in the wake of the Russian invasion of Ukraine in 2022 – to pressure the Russian government to cease actions in Ukraine – it would have been hard to imagine that one asset would prove to have seminal…
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Trial to Determine Owner of Seized Superyacht AMADEA Begins in U.S Court
Case: US v. M/Y Amadea, 23-cv-09304, US District Court, Southern District of New York (Manhattan). Three years following the seizure of the 106-meter superyacht Amadea, in the wake of the 2022 Russian Invasion of Ukraine, the opening arguments of the evidentiary hearing to determine the true beneficial owner of the vessel took place last week….
