Rybalkin, Gortsunyan, Dyakin and Partners law firm (RGD) achieved the abolition of restrictive measures against the assets of its client, a Russian citizen, of more than $10 million.
Euroclear has seized the client’s funds and securities due to the EU sanctions imposed on the National Settlement Depository. Now, the Federal Treasury of Belgium has issued permission to release these assets, securing the withdrawal of these assets from the account owned by the NSD within Euroclear.
The team of RGD lawyers, represented by the Head of Sanctions Practice Anastasia Konstantinova and Associate Alen Martirosyan, jointly developed a legal strategy and prepared all the necessary documents to apply for assets release and also on behalf of the client instructed European lawyers who have been in direct dialogue with the Regulator.
“This is another victory for our clients on their way to restoring justice and their reputation. As legal professionals, we rejoice together with our client and continue to prove that the vast experience and painstaking work of our team, which unites more than a dozen leading sanctions lawyers and experts in dispute resolution, may lead to the desired result,” said Alen Martirosyan, associate at the RGD Dispute Resolution Practice.
The RGD team has unique experience in challenging restrictive measures against its principals and in assets release procedures. To date, RGD has handled more than ten similar cases for several individuals and financial institutions, as well as tens of thousands of their clients, in various jurisdictions, including the European Union, UK, USA, Canada, Australia and Japan.
Rybalkin, Gortsunyan, Dyakin and Partners (RGD), a leading law firm established in 2018, which combines a premier dispute resolution practice and a high-end corporate practice dedicated to complex projects and transactions.
From our offices in Moscow, Yerevan, Tashkent, Belgrade, Dubai, and Ras Al Khaimah we support clients from all over the world in their business dealings in our key practice areas involving Russia and CIS countries. In addition, our firm offers unparalleled expertise in foreign legal matters to Russian companies with significant international presence.
We are a cohesive team of seasoned professionals with a background in leading international law firms.
Our lawyers have worked on the largest corporate deals, investigations and disputes in the history of modern Russia and represented Russian companies in over 170 jurisdictions worldwide.
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