Swiss Court says bank can refuse Vekselberg transaction because of US sanctions risk

10 December 2020

Swiss Court says bank can refuse Vekselberg transaction because of US sanctions risk

The Zurich Commercial Court has refused an application by Lamesa Holdings (owned by Viktor Vekselberg) to require a bank to process a transaction from a securities depository account it holds at Swiss bank Julius...

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Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters and as a prosecutor...

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