An International Business Law Firm
An Andersen Global Collaborating Law Firm

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An International Business Law Firm

An International Business Law Firm
An Andersen Global Collaborating Law Firm

Read More

Emmanuel Jacques Speaks to Forbes on the Complexities of Property Ownership by Sanctioned Individuals

Emmanuel Jacques Almosnino was interviewed by Forbes for an article on an abandoned property in Gustavia that is believed to be owned by Russian oligarch Roman Abramovich, but was never reported. Because of the sanctions against Mr. Abramovich, his assets were frozen, including the properties that he owned. But there is no certainty if the abandoned property was frozen.

This concerned Mr. Almosnino. “If the building is destroyed by a hurricane, who will pay?” he told Forbes. “He (Abramovich) cannot wire money to contractors to repair something or to complete construction in progress. It’s a very weird situation, not only for him, but also for everybody working for him.”

To read the article, click here.

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Location 3 Rue Lafayette
Gustavia – BP 656
97099 Saint Barts
Phone Saint Barts: + 590 590 29 71 10
U.S.: + 011 590 590 29 71 10
Phone ej@eja-lawfirm.com

    Headquartered in Saint Barts

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