Kuwait Hit With $100M Claim By Russian Businesswoman
Law360 (July 17, 2018, 8:41 PM EDT) -- A prominent Russian businesswoman who is imprisoned in Kuwait after being sentenced to 10 years of hard labor for allegedly embezzling public funds has filed a $100 million arbitration claim accusing the Persian Gulf nation of orchestrating a politically motivated campaign against her, her lawyers said Monday.
Marsha Lazareva, vice chairman and managing director of the private equity company KGL Investment KSCC, alleges that the campaign against her is meant to serve as payback for her support of democratic and human rights reforms in the country, according to the July 10 notice of arbitration.
She also claims that the "demonstrably false"...
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