US EditionU.K. High Court Rejects Russian Billionaire’s Bid to Lift Sanctions
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10 Articles
U.K. High Court Rejects Russian Billionaire’s Bid to Lift Sanctions
A British court has rejected Russian billionaire Evgeny Shvidler’s latest attempt to overturn U.K. sanctions, dealing a blow to legal challenges against London’s post-invasion Russia sanctions regime.
Russian Billionaire Schweidler Loses Court in Britain Demanding that Sanctions Be Lifted Against Him
The Supreme Court of Great Britain has rejected the appeal of Russian billionaire and oil tycoon Eugene Schwidler, who challenged the sanctions imposed against him.
Schvidler stays on the blacklist.
The American-British billionaire Evgeny Schwidler lost the case to the British Supreme Court, trying to appeal the sanctions imposed on him because of Russia's full invasion of Ukraine, writes Reuters. This decision, as lawyers point out, makes the prospect of similar appeals by other individuals much more difficult. Russia's native, Schvidler, has British and American citizenship. He was listed on the sanctions list because of his ties with for…
Reuters writes about this. The publication explained that Schvidler, who was born in Russia and has British and American citizenship, came under sanctions due to ties with the former owner of Chelsea football club Roman Abramovich, as well as because of his previous position as director of the Russian steel producer Evraz, shares which is listed on the London Stock Exchange. Forbes magazine estimates the businessman's fortune at $1.6 billion. La…
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