By Maya Lester KC & Michael O’Kane

Russian legislation proposes foreign asset seizures to compensate sanctioned Russian nationals

On 8 October 2014, Russia took the first step towards enacting a law that would allow foreign-owned assets in Russia to be seized and used to compensate individuals and companies targeted by western sanctions. The bill has passed its first reading in the Russian Parliament. It states that Russian nationals whose “rights are infringed” by foreign states may apply for…...

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About Maya Lester KC

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Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human...

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