Court in British Virgin Islands bars Ukrainian shipping firm from hiding assets from Russian state in bank expropriation dispute ...News

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Court in British Virgin Islands bars Ukrainian shipping firm from hiding assets from Russian state in bank expropriation dispute
The Supreme Court of the British Virgin Islands has sided with Russia’s VEB.RF state corporation in its dispute with a firm linked to the Ukrainian government over the illegal expropriation of the Russian Prominvestbank by Kiev. Fishing Company SA, part of the Ukrainian state fishing agency, had been working to dispose of sea vessels so that they couldn’t be seized in favor of VEB.RF in accordance with an earlier decision by the Arbitration Institute of the Stockholm Chamber of Commerce. However, the Supreme Court of the British Virgin Islands on Wednesday introduced provisional measures that banned the Ukrainian company from dispersin

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