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By Maya Lester KC & Michael O’Kane

UK issues licence authorising insolvency-related payments connected with the Prince Group and Lukoil-related FAQ

25 June 2026

UK issues licence authorising insolvency-related payments connected with the Prince Group and Lukoil-related FAQhyotographics/Shutterstock.com

The UK has amended General Licence INT/2026/9491628 which allowed insolvency-related payments and activities connected with UK-sanctioned Prince Group and their subsidiaries – publication notice. The amendments to the licence: Define “permitted insolvency activities” as...

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Maya Lester KC
By Maya Lester KC

Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions. She is the…

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