UCBA Asset Recovery Working Group issues statement on recent decision in Angophora Holdings Limited v. Ovsyankin
The recent decision by the Court of King’s Bench of Alberta in Angophora Holdings Limited v. Ovsyankin, 2022 ABKB 711 exposes the lack of clarity in Canadian sanctions law regarding the definition of ownership and control. In Angophora, the Court considered whether the proceeds of a debtor’s liquated assets in could be paid out to […]