Wellington, New Zealand: The United States on Tuesday won a legal battle to seize a Russian-owned superyacht in Fiji and wasted no time taking command of the $325 million ship and escorting it away from the South Pacific nation.
The court’s decision represented a significant victory for the US as it faces obstacles in its efforts to seize the assets of Russian oligarchs around the world. While those efforts have been welcomed by many opposing the war in Ukraine, some actions have tested the limits of US jurisdiction abroad.