Antigua and Barbuda
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Antigua Cabinet Approves Sale of Alfa Nero, Ending Litigation by Russian Citizen

CABINET NOTES:

The Cabinet of Antigua and Barbuda has given approval for the sale of the Alfa Nero, following the dismissal of a legal claim by a Russian citizen who asserted ownership of the vessel.

The Cabinet decided to provide the purchaser with a guarantee against future liabilities and proceed with the sale to avoid further delays that may hinder the buyer’s plans.

The decision aims to put an end to the wasteful litigation by the Russian citizen, allowing the sale process to move forward smoothly.

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