BVI court to consider impact of Russia sanctions on receivership
Sergey Taruta, the Ukrainian politician and businessman against whom VTB has a US$30 million judgment debt (Credit: Shutterstock.com/IgorGolovniov)
A British Virgin Islands court is gearing up to consider the impact of Russia sanctions on receivers appointed over a local entity for the benefit of Russia’s VTB Bank, which is seeking to enforce a US$30 million judgment debt against a Ukrainian businessman and politician.
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