Russian oligarch Roman Abramovich, who fell under the sanctions of the European Union in connection with the well-known events in Ukraine, is convinced that the European authorities are obliged to compensate him for the damage caused. According to The Wall Street Journal, Abramovich stated this requirement in a lawsuit in which he insists on lifting […]
Abramovich to pay $1,900 an hour to lawyers to lift sanctions on his planes Billionaire Roman Abramovich will pay lawyers for the US firm Kobre & Kim up to $1,900 an hour to lift sanctions on two of his planes. Bloomberg writes about it. At the same time, the agency notes that Kobre & Kim […]
Sanctioned billionaire Abramovich hires US law firm to fight for his interests Lawyers from the American law firm Kobre & Kim have registered as foreign agents to represent Russian billionaire Roman Abramovich. About it informs edition of the Wall Street Journal. According to the newspaper, this is apparently the first American company to take such […]
It turns out that Russian oligarch Roman Abramovich did not have all of his real estate on the sanctions list. In the city of Gustavia on the Caribbean island of Saint Barth, he has a building. Repair work was going on and was suspended. Formally, the property belongs to the offshore company Ranelagh Investments Limited, […]
Roman Abramovich and his partners will sell the British telecom operator Truphone for just £1, according to the FT. In 2020, the company was valued at £410 million. The transfer of the asset to two European businessmen is connected with EU and UK sanctions imposed on the billionaire Two European businessmen will buy British telecommunications […]
A court in the United States issued an arrest warrant for the Boeing 787-8 Dreamliner and Gulfstream G650ER aircraft, which the US authorities associate with businessman Roman Abramovich. The country’s Ministry of Commerce earlier initiated administrative proceedings against Abramovich demanding that he be fined for violating bans on the export of aircraft from the United […]
Offshore house of Roman Abramovich. In 2009, Roman Abramovich paid $90 million for a 28-hectare estate on the Caribbean island of St. Barth. It was listed on a 41-item list of assets linked to sanctioned individuals frozen by French authorities in April. The list included Abramovich’s castle on the French Riviera. As it turned out, […]
Abramovich did a lot to settle in London, where he actively bought property for himself, but also for rent. But his main investment was the Chelsea football club. It is estimated that over the years of owning the team, the Russian tycoon has invested about $ 2 billion in it. However, back in 2018, Britain […]
The Russian economy is becoming less and less public: the government has allowed sanctioned companies not to elect boards of directors or re-elect runaway members, even if there are fewer people on the board than required by law. “In the current realities, the fulfillment of this requirement may be difficult,” Mikhail Mishustin explained at a […]
The Portuguese authorities gave the go-ahead to billionaire Roman Abramovich to sell the Chelsea football club. This became possible after receiving guarantees from the UK that the proceeds from the deal would be used for humanitarian purposes. The main condition is that the money does not bring direct or indirect benefits to Abramovich. This decision […]