Tag: High Court of Justice

SCM Financial Overseas v. Raga Establishment: the Arbitration Fairness Test

SCM Financial Overseas v. Raga Establishment: the Arbitration Fairness Test

On 3 May 2018, the English High Court of Justice heard a challenge to the arbitral award rendered by an LCIA tribunal on 26 June 2017. The challenge was based on a serious irregularity in the principle of fair conduct of arbitral proceedings embodied in sections 68 and 33 of the English Arbitration Act 1996. More specifically, […]

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Enforcement of Russian Judgment in England: JSC VTB Bank v Skurikhin

Enforcement of Russian Judgment in England: JSC VTB Bank v Skurikhin

A recently-published judgment of the High Court in the case JSC VTB Bank v Skurikhin has confirmed that Russian judgments can be enforced in England and Wales. The English court recovered from the defendant all amounts claimed under the Russian judgments (622 million rubles) with exclusion of penalties because the judge decided “that they are punitive in […]

Berezovsky v Abramovich: It’s All About Trustworthiness

Berezovsky v Abramovich: It’s All About Trustworthiness

On the last day of summer in 2012 the High Court of Justice in England closed the last chapter on the Berezovsky v Abramovich case. It dismissed both claims of the former Russian tycoon Boris Berezovsky. Berezovsky had claimed a sum of in excess of 5.6 billion USD as compensation for unprofitable transactions. He alleged that at […]