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Tag "Seizure"

Superyachts, the Fifth Amendment, and the French Revolution

Superyachts, the Fifth Amendment, and the French Revolution

The Founding Fathers, the French proletariat and 205ft luxury yachts may never have been mentioned in the same instance before; yet all are prominent features of discussion since the latest development from US legislators. US Congress voted in favour of

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Seized yachts: What we know so far

Seized yachts: What we know so far

More than 50 yachts, valued in billions of dollars, have been detained worldwide in connection with sanctions imposed after the Russian invasion of Ukraine, according to a Superyacht Investor investigation. Governments have formally and publicly seized 15 superyachts, with a

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Spain seizes Russian-owned superyacht on behalf of US

Spain seizes Russian-owned superyacht on behalf of US

Spanish law enforcement has seized the 77m (255ft) superyacht, Tango on behalf of the US Department of Justice due to its connections to sanctioned oligarch, Viktor Vekselberg. The US alleges that Feadship-built Tango was subject to forfeiture based on violation

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Oligarchs: UBO sightings on the rise, seizures follow

Oligarchs: UBO sightings on the rise, seizures follow

No not unidentified flying objects (UFO). It’s ultimate beneficial owners (UBO), namely oligarchs, who have been sought out in recent weeks. Whilst sanctions lists have grown in response to the intensifying conflict in Ukraine, governments have been arresting and seizing

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