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Fate of $300 Million Russian Superyacht Hangs on US Trial | Bloomberg

On Behalf of | Jan 22, 2025 | Firm News, Latest Significant Matters

Rich Russian Yacht Ownership On Trial Over Ukraine Invasion Sanctions

Adam Ford, a lawyer for Khudainatov, argued in his opening that the US admits the actual title to the vessel is still held by Khudainatov. Ford said the government “has no evidence that he is a straw owner.” Khudainatov had hoped to sell the Amadea but a planned transaction fell through, Ford said.

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