The UK’s Supreme Court ruled against the Irish aircraft lessors in favour of the bank in a dispute over interest linked to letters of credit and planes stuck in Russia.
Oleg Boyko loaned $5m to the Irish arm of fintech firm E21 but the company argues sanctions prevent repayment. Legal proceedings are playing out in the UK and US.
The lessor is being liquidated in Ireland after sanctions floored its business in 2022 but it is still going through several cases in other countries where it requires licences from authorities.
Thai aircraft parts dealer Siam Aero Repair Co Ltd has been sanctioned in the UK for alleged trade with Russia in its war effort. It is in the midst of a court battle with an Irish company.
The British trading firm has locked horns with Aviva in the Irish courts over alleged discrimination against its Russian founder. The dispute could wind up back at the WRC where it all started.
Allowances in sport for neutral athletes from Russia are opaque, undermining the enforcement of bans and sanctions and are making “political chess pieces” out of Irish athletes.
The Kremlin seized Domodedovo Airport last year, alleging an Irish financing company was used to obscure foreign influence on its ownership. It’s now on the market for €1.4bn.
Timaero, which is linked to sanctioned Russian bank VEB, has issued legal proceedings against Boeing in Ireland, on top of its long-running US lawsuit against the aviation giant.
Parent company Pernod Ricard has faced backlash in the past over continued exports to Russia after the Ukraine war started but ceased all business there in 2023.
The liquidation of Pan JSC started in 2017 and has finally finished up. The company was financed by a bank which was recently embroiled in an international money-laundering crackdown.
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