Overview
On July 29, 2024, Law360 quoted Neil Dooley in an article titled, "NCA Ducks Litigation Risk in 1st Seizure of Sanctioned Assets." The article discusses how the decision by the National Crime Agency to secure the forfeiture of the assets of a sanctioned Russian oligarch is a pragmatic victory that avoids the risk of setting a damaging legal precedent.
Speaking to Law360 about the litigation risk Dooley said, "Monday's hearing had been scheduled for the judge to give directions to the two sides on the next steps in the case. The agreement allows them to sidestep having to litigate those issues, and ultimately looks like a draw for both sides. From a lawyer's perspective, it was certainly a missed opportunity for some clarity in this area."
