Vitaly Ivanovich Smagin v. Compagnie Monegasque De Banque et al

  1. April 25, 2024

    Incarceration Can't Get Default Nixed In $92M Award Suit

    A California federal court has refused to set aside an entry of default against a Russian businessman accused of engaging in a scheme to avoid paying a more than $92 million arbitral award, rejecting his defense that he couldn't respond because he was incarcerated in France.

  2. March 20, 2024

    Russian Exec Argues Jailed Biz Partner Can't Escape Judgment

    A Russian businessman has pressed a California federal court not to vacate a default entered against his former business partner as the businessman attempts to collect an award of more than $92 million, saying it "strains credulity" to believe that his ex-partner couldn't answer the litigation while jailed in France.

  3. January 18, 2024

    RICO Suit In $92M Russian Award Feud May Be Trimmed

    Seven months after a Russian businessman convinced the U.S. Supreme Court to let him forge a path via U.S. civil racketeering law to try to enforce a $92 million arbitral award, a California federal judge has now teed up significant parts of his lawsuit for the chopping block.

  4. August 25, 2021

    Real Estate Investor Asks 9th Circ. To Revive $92M RICO Suit

    Russian real estate investor Vitaly Smagin asked the Ninth Circuit to revive his Racketeer Influenced and Corrupt Organizations Act violation claims against a Monaco bank and related parties, accusing them of conspiring to deny him a $92 million arbitral award.

  5. December 11, 2020

    Monaco Bank Gets Tangled In $92M Russian Award Feud

    A former business partner of an alleged real estate fraudster opened a new front Friday in his worldwide bid to enforce a $92 million arbitral award against the former Russian politician, accusing a Monaco-based bank and others of helping to hide the fortune on which the man's "criminal empire" is based.