By Maya Lester KC & Michael O’Kane

BVI court partially adjourns Alfa Bank case and discusses OFSI’s delay in granting legal expenses licence

Alfa-Bank applied for a freezing order against Kipford in the BVI in 2021. When Alfa-Bank was sanctioned in 2022 its lawyers applied for a licence to receive legal fees in the UK and the BVI. The BVI granted the licence within 4 months, but OFSI had not granted it 6 months later.  The BVI court (judgment here), granting a partial …

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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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