Russian Investor Can't Thaw $572M Asset Freeze In Fraud Suit

Law360, London (July 29, 2019, 7:37 PM BST) -- A judge has ruled that a worldwide freezing order against a Russian billionaire and his three sons should continue, as they fight a civil lawsuit in London alleging they fraudulently paid off their company’s bank loans using the lenders’ own money.

Judge Richard Jacobs said in a decision published Monday it was “just and convenient” to continue a freezing order against Boris Mints, who founded the Russian-based commercial realtor investment giant O1 Properties, and his three sons, dismissing their challenge to a ruling barring them from disposing of $572 million in assets.

The challenge came after Russian lenders National Bank Trust...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS