Ukrainian Bank Seeking $78M Wants Ex-Head's Assets Frozen

Law360, Wilmington (July 18, 2013, 11:09 PM EDT) -- A Ukrainian bank seeking to recover $78 million from its onetime chief urged the Delaware Chancery Court on Thursday to block his access to his U.S. assets, saying they otherwise might not be around by the time the bank's pending arbitration case is decided in London.

Vseukrainskyi Aksionernyi Bank claims that former President Sergey Maksimov funneled funds into the far-flung collection of companies he controls between 1996 and 2010, and alleges he will use the same network to move or hide assets in an attempt to...
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