June 14, 2024
A Russian businessman's decade-long fight to enforce a $92 million arbitral award — a dispute that spurred the U.S. Supreme Court to let him forge a new path to enforcing foreign arbitral awards — finally came to an end this week, as the parties inked a settlement on the eve of a racketeering trial.
June 03, 2024
A Monaco bank and a Luxembourg lawyer and trust administrator must face racketeering claims accusing them of helping to hide the fortune of a Russian businessman who's on the hook for a $92 million arbitral award, a California federal judge ruled on Friday.
April 25, 2024
A California federal court has refused to set aside an entry of default against a Russian businessman accused of engaging in a scheme to avoid paying a more than $92 million arbitral award, rejecting his defense that he couldn't respond because he was incarcerated in France.
March 20, 2024
A Russian businessman has pressed a California federal court not to vacate a default entered against his former business partner as the businessman attempts to collect an award of more than $92 million, saying it "strains credulity" to believe that his ex-partner couldn't answer the litigation while jailed in France.
January 18, 2024
Seven months after a Russian businessman convinced the U.S. Supreme Court to let him forge a path via U.S. civil racketeering law to try to enforce a $92 million arbitral award, a California federal judge has now teed up significant parts of his lawsuit for the chopping block.
August 25, 2021
Russian real estate investor Vitaly Smagin asked the Ninth Circuit to revive his Racketeer Influenced and Corrupt Organizations Act violation claims against a Monaco bank and related parties, accusing them of conspiring to deny him a $92 million arbitral award.
December 11, 2020
A former business partner of an alleged real estate fraudster opened a new front Friday in his worldwide bid to enforce a $92 million arbitral award against the former Russian politician, accusing a Monaco-based bank and others of helping to hide the fortune on which the man's "criminal empire" is based.