Credit: Stas Knop/Shutterstock 'Even Pariahs Have Rights': Court Denies Ogier's Request to Withdraw as Counsel for Sanctioned Russian Bank VTB
The offshore law firm said it is worried about reputational risk if it continued to represent the bank. It also said it is concerned that sanctions will prevent it from receiving payment for its work.
March 31, 2022 at 05:43 PM
5 minute read
A British Virgin Islands court has refused to grant offshore law firm Ogier permission to withdraw from its representation of sanctioned Russian financial institution JSC VTB Bank, saying, "even pariahs have rights."
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