Floating liabilities: Western authorities grapple with the cost of seizing oligarchs’ superyachts

May 19, 2022
Detaining luxury vessels worth hundreds of millions of dollars was the easy bit. Maintenance runs about 10% of the yachts' value.
Above, a superyacht with suspected links to a Russian oligarch is docked in the Dominican Republic. For governments, seizing the pricey vessels comes with outrageous maintenance costs.
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Brits push back against SLAPP lawsuits that "gag" critics of oligarchs

Apr 29, 2022
The U.K. government has promised to act against the suits that allow wealthy litigants to abuse libel law and deter reporting on their finances.
The U.K. government has promised to take action against SLAPPs, lawsuits that often target journalists, authors and campaign groups.
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The sociology of sanctioning Russian oligarchs

Mar 11, 2022
Sanctions represent an existential threat for Russia's elite, says sociologist Brooke Harrington.
The Eclipse, one of the yachts of Russian billionaire Roman Abramovitch, pictured in 2013, is reportedly worth $570 million.
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Who are the Russian oligarchs being sanctioned, and how did they get so rich?

Mar 10, 2022
Their fates and fortunes are tied closely to Vladimir Putin's.
After Vladimir Putin became president, he helped fund the wealth of Russian oligarchs with state money. In return, oligarchs provided him money and loyalty.
Mikhail Klimentyev/Sputnik/AFP via Getty Images

UK accused of dragging its feet over sanctions on Russian oligarchs and of failing to clean up the “London laundromat”

Mar 4, 2022
Despite billions' worth of assets in London owned by Russian oligarchs, only a handful have been formally sanctioned by the U.K.
Roman Abramovich, owner of the Chelsea soccer club and one of London's most well-known Russian oligarchs, has not yet been sanctioned by the United Kingdom.
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