Western lawyers want to take assets from $ 1 trillion from the Russians - Bloomberg

According to the sources of the agency, a group of lawyers appealed to the hedge funds, family offices and firms engaged in judicial funding on this issue. It is reported that the proceeds will be preferably used to compensate for Ukrainians, which have suffered from the invasion of Russia, and investors will receive a share of all successful lawsuits.

Lawyers who call themselves a "alliance for justice in Ukraine" note that it is really a tremendous amount, but unblocking of sub -assets, most of which are in offshore jurisdictions, will be a complex and prolonged process. However, according to one of the partners of London, Mishcon Ben Brandon, they are quite aware that this is an innovative idea. "A lot will depend on client appetite, sponsors' appetite and court appetite to try to turn the case," he said.

One of the interlocutors of the publication also agreed that the financing of claims against officials and Russians related to President Vladimir Putin is likely to be related to legal difficulties. The situation is also complicated by the fact that about 20 Russians, including the oligarchs of Mikhail Friedman, Roman Abramovich and Peter Avene, have filed complaints with European courts, demanding to cancel sanctions against them, lawyers have already encountered the first failures. suggestion.

In addition, according to journalists, lawyers were also denied in Ukraine, where they were no avail in the funds of Ukrainian billionaires. Lawyers are currently working on a crowdfunding platform in facilitating many other law firms, as well as Bellingcat. Lawyers believe that the launch of a civil claim for the purpose of obtaining financial compensation for victims of terrorist acts is not deprived of precedents. So the first claim will determine the fate of Russian assets worth $ 200 million.

According to McCue Jury & Partners, the founder of London, Jason McCue, lawyers are now looking for funding for lawsuits against Russians who have been sanctioned in 50,000 Ukrainian refugees. "These are ordinary people and ordinary entrepreneurs, a butcher, a baker and a candlestick manufacturer," McCue said. Earlier it was reported that the Minister of Foreign British Liz TRASS supported the idea of ​​confiscation of Russian assets that came under sanctions in favor of Ukraine.