A Spanish arbitrator, at the head of the tribunal in the lawsuit between Mikhail Fridman and the United Kingdom
Spanish citizen Miguel Virgós has been appointed president of the arbitration brought by the founder of LetterOne, owner of Dia supermarkets, against the United Kingdom for the freezing of his assets. The lawsuit is in addition to other open fronts against the Netherlands and Luxembourg over sanctions imposed on Russia.
Miguel Virgós, a Spanish lawyer, has been appointed president of an arbitration tribunal in a case brought by Mikhail Fridman, a Russian-Israeli billionaire, against the UK over the freezing of his assets. Fridman, who was sanctioned by the UK in 2022 due to his alleged ties to Russian President Vladimir Putin, claims that the UK's actions have caused him significant losses.
The arbitration, which is set to take place under the rules of the United Nations Commission on International Trade Law, will hear Fridman's claim against the UK in May 2027. Fridman also has similar claims pending against Luxembourg and the Netherlands, and is represented by a team of lawyers including former UK Attorney General Geoffrey Cox.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
