The possessions of Russian oligarchs — yachts, planes, homes, cars, and cash — subject to “seizure” under White House sanctions, are in a state of legal limbo that requires U.S. people, and not the U.S. government, to temporarily manage them.
“The burden, effectively, is sitting with the person who’s holding that blocked property,” Dave Johnson, a sanctions law expert and partner with Vinson & Elkins, told Yahoo Finance. “To set it aside, and then deal with it in a way that’s…
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