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Russian Says Seized $300M Superyacht Is His, Not Oligarch’s | Law360

On Behalf of | Jan 29, 2024 | Firm News, Latest Significant Matters

“The Biden administration’s pursuit of the Amadea has from the outset been not based on facts and law, but a politically motivated stunt to advance a foreign policy agenda,” Khudainatov’s attorneys Adam Ford and Renée Jarusinsky of Ford O’Brien Landy LLP said in a statement Monday. “The government’s forfeiture complaint not only is devoid of the required factual allegations to support its case, but it stretches the bounds of forfeiture, sanctions and money laundering laws beyond their reach.”

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