Story perspectives

EU Court Limits Review; Fridman, Aven Remain Sanctioned

5/1/2026

Summary

Story summary

Mikhail Fridman, ABH Holding shareholder, and Petr Aven, ABH Holding shareholder, were placed on United Kingdom’s sanctions list in March 2022 for their roles at ABH Holding and Alfa Group.
An EU General Court ruling in April 2024 limited the justification period to February 2022 through mid-March 2023, leaving the sanctions on Mikhail Fridman and Petr Aven in force.
Mikhail Fridman has filed several Investor State Dispute Settlement cases against European governments to challenge the sanctions.

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Story summary

Mikhail Fridman, ABH Holding shareholder, and Petr Aven, ABH Holding shareholder, were placed on United Kingdom’s sanctions list in March 2022 for their roles at ABH Holding and Alfa Group.
An EU General Court ruling in April 2024 limited the justification period to February 2022 through mid-March 2023, leaving the sanctions on Mikhail Fridman and Petr Aven in force.
Mikhail Fridman has filed several Investor State Dispute Settlement cases against European governments to challenge the sanctions.