EU General Court Annuls Sanctions on Two High-Profile Russian Oligarchs

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Friday, April 26, 2024
Author: 
Austin Wahl
Volume: 
40
Issue: 
4
Abstract: 

        On April 10, 2024, Russian billionaires Petr Aven and Mikhail Fridman won their appeal in the European General Court to have their inclusion on the European Union (EU) sanctions list declared void.  The decision has provoked concern from many in the West, as the men are among the richest under Western sanctions at present and their relationship with Vladimir Putin is well-publicized. Some fear this case could prove to be seminal.