Roman Abramovich Loses Third EU Court Challenge to Overturn Sanctions

Russian billionaire Roman Abramovich has lost his third legal challenge against European Union sanctions imposed after Russia’s full-scale invasion of Ukraine. The EU General Court rejected his request to remove his name from the bloc’s sanctions list and dismissed his compensation claim. Judges upheld the restrictions, citing his stakes in major Russian metals companies and their contribution to state revenues. The ruling leaves Abramovich subject to an asset freeze and travel ban, although he may appeal on points of law