UP

Abramovich hires top lawyers for £5.3bn Jersey dispute

Home page World
12 Punto 14 Punto 16 Punto 18 Punto
Abramovich hires top lawyers for £5.3bn Jersey dispute

Russian oligarch Roman Abramovich has hired some of the world’s top lawyers to challenge the authorities of Jersey, which froze more than £5.3 billion of his assets. The funds stem from the sale of Chelsea, part of which was intended to be transferred to Ukraine, according to The Times.

Axar.az informs, citing RBC-Ukraine, since 2022, billions of pounds belonging to Roman Abramovich have been frozen by the courts of the self-governing island of Jersey. The funds are the subject of complex legal proceedings after the local government launched an investigation into their origin.

Abramovich’s representatives said that £1.4 billion of the £2.35 billion raised from the sale of Chelsea cannot be allocated to a charitable foundation until the Jersey government halts its investigation and related court action.

Abramovich’s legal team now includes Lord Wolfson KC, the House of Lords’ shadow attorney general, and Eric Hershmann, who served as senior legal adviser to US President Donald Trump during his first term.

The team also includes four other senior lawyers: Howard Sharp, a former attorney general of Jersey; Maya Lester, a leading human rights barrister with extensive sanctions cases experience; Richard Lissack, a lawyer specializing in financial litigation; and Andrew Stafford, an expert in international financial matters.

It is also reported that Abramovich has secured a court ruling allowing partial reimbursement of legal costs from the Jersey government, estimated at around £2.5 million.

Date
2025.12.29 / 14:13
Author
Axar.az
See also

Kremlin agrees with Trump Ukraine peace deal closer than ever

Former Georgia prosecutor charged with murder

Putin-Trump phone call expected soon, Kremlin says

Storm kills three in Sweden

Syria govt opens investigation into Assad-era mass grave

Three Turkish police killed in anti-ISIS operation

Ukraine updates Russian losses on day 1405 of war

Russia downs 89 Ukrainian drones

Netanyahu set to meet Trump in Florida

Takeaways from Trump and Zelensky's meeting

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla