Legal Battle Unfolds Over Seized $325 Million Yacht as Russian Tycoon Challenges Ownership Claims
A legal tug-of-war ensues over the $325 million super yacht “Amadea,” seized by the U.S. government in San Diego as the property of sanctioned Russian billionaire Suleiman Kerimov. However, another Russian tycoon, Eduard Khudainatov, former CEO of Rosneft, claims true ownership, setting the stage for a Manhattan federal court’s initial pretrial conference on January 10. … Read more