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For the past year – since the Russian invasion of Ukraine – there has been a great deal of interest in the seizure and forfeiture of the assets of the Russian oligarchs who have become subject to international economic sanctions. Different countries have taken different …

A federal court in the United States granted a motion to compel two Chinese banks to comply with subpoenas served on their US branches, demanding records of transactions occurring in China. The same court also granted a motion to compel a third Chinese bank that …

In the United States, federal prosecutors routinely employ asset recovery as a tool of law enforcement. The approach takes two forms. In criminal cases, the prosecutor may seek to recover or “forfeit” property as part of the defendant’s sentence, if the defendant is convicted. Alternatively, …