The United States Court of Appeals has upheld a lower court ruling rejecting a discovery application filed by Yulia Guryeva in litigation connected to the high-profile Alfa Nero matter, delivering another legal setback in the ongoing dispute.
According to Antigua News Room, the appellate court affirmed the earlier decision of the United States District Court, which had denied Guryeva's request and quashed subpoenas issued to The Clearing House and the Federal Reserve System.
As a direct consequence of the ruling, all documents obtained by Guryeva's attorneys through those subpoenas must now be destroyed. Certification confirming compliance with the destruction order will be required.
Legal representatives indicated they will also explore whether costs incurred during the appellate proceedings can be recovered.
While Guryeva retains the option of appealing the decision to the Supreme Court of the United States, such a path is far from assured. The Supreme Court exercises broad discretion over which cases it accepts for review, and legal observers note that only a small fraction of petitions are granted.
The ruling marks a further development in the U.S.-based legal proceedings tied to the dispute, which has drawn significant international attention. The story is developing and additional details are expected.