Tag: Aven Fridman
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EU Court Advocate General Urges Dismissal of Latvia’s Appeal in Aven and Fridman Sanctions Case
Background: Aven and Fridman Sanctions in the EU The EU has maintained targeted sanctions against Russian-born financiers Pyotr Aven and Mikhail Fridman in response to geopolitical tensions surrounding Russia’s actions in Ukraine. Latvia, as an EU member state, has a stake in how these sanctions are administered and challenged within the Union’s legal framework. The…
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EU Advocate General Urges Dismissal of Latvia’s Appeal in Aven and Fridman Sanctions Case
Overview The Advocate General (AG) of the Court of Justice of the European Union (CJEU) has recommended dismissing Latvia’s appeal in the high-profile sanctions case involving Russian-origin billionaires Pyotr Aven and Mikhail Fridman. The recommendation, issued on 30 October, could influence the trajectory of EU sanctions enforcement and the procedural options available to member states…