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The ongoing saga of Pakistan's asset recovery firm Broadsheet's litigation funder Richard Deitz

Richard Deitz, Founder, President and Fund Manager, VR Capital Group Ltd.
Richard Deitz, Founder, President and Fund Manager, VR Capital Group Ltd. © Reuters
US financier Richard Deitz, who is active in Ukraine and Russia, is seeking compensation for the litigation funding his firm provided to the asset recovery firm Broadsheet, which received a multi-million dollar payout from the Pakistan government earlier this year. [...]
Published on 22.06.2021 at 06:00 GMT Reading time 3 minutes

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Louis-Dreyfus escapes the clutches of the Russian asset recovery agency

Louis-Dreyfus Company, which claimed that the International Bank of Saint Petersburg made abusive debt claims against it, has won its case before an English court. The verdict marks yet another setback for Russian state body Deposit Insurance Agency, which is trying to recover the bank's assets, and a victory for Louis-Dreyfus chairwoman Margarita Louis-Dreyfus.

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