By Maya Lester KC & Michael O’Kane

Biden proposes forfeiture of frozen assets & other sanctions-related measures

On 28 April 2022, the White House announced that President Biden was to propose a legislative package that would “hold Russian oligarchs and elites accountable” for Russia’s aggression towards Ukraine. DOJ Press Release. Amongst other things, the proposals include: A streamlined administrative process for the forfeiture of US property that is owned by listed Russian “oligarchs” and linked to specified …

RussiaRussia United StatesUnited States

About Michael O'Kane

For all site-related issues, including subscription and payment issues, please contact
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 &...

See profile for Michael O'Kane >

Share this page on: