UK Court Dismisses Charges Against Hauser & Wirth Over Russian Sanctions
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- •UK court dismissed charges against Hauser & Wirth for alleged sanctions violations.
- •Prosecution could not prove buyer Alexander Popov was a Russian resident.
- •The case is the first criminal prosecution under the UK's Russia sanctions regime.
A London court has dismissed the first criminal prosecution under the UK's Russia sanctions regime against Hauser & Wirth and Artay Rauchwerger Solomons. The prosecution alleged that the gallery made a George Condo artwork available to Alexander Popov, who was claimed to be a Russian resident. However, Judge Tony Baumgardner ruled that the prosecution failed to prove Popov's residency in Russia at the time of the sale. The artwork, 'Escape from Humanity', was sold in July 2021, before the sanctions were imposed in April 2022. The case was significant as it marked a notable legal challenge regarding luxury goods sanctions following Russia's invasion of Ukraine. The dismissal of charges has been welcomed by Hauser & Wirth, which maintains compliance with legal obligations regarding sanctions.
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