Welcome to The Hearing, your cheat sheet to the litigation market, bringing you the week’s top litigation stories and analysis. This is what’s driving the week. Budget priorities: Last week’s Budget promised a further £1.9bn in Justice spending. While the media is awash with stories on the dire state of prisons and the country’s Crown […]
When MI5 director-general Ken McCallum warned of Russian spies on a “mission to generate mayhem on British streets” this week, it was a timely reminder of Russia’s pariah status here in the UK. After the Ukraine invasion in February 2022, UK law firms withdrew from Russia in haste, mandates were cancelled and clients put under […]
Russia’s largest transport operator, FESCO, had its chance today to block the $13.8bn dispute brought by jailed Russian businessman Ziyavudin Magomedov from going to trial in England, as the case entered its fourth day in a courtroom comprising over 50 lawyers. Magomedov, represented by litigation boutique Seladore Legal, argues that an elaborate conspiracy saw his […]
Herbert Smith Freehills kicked off its fight today in the Commercial Court to strike out a $13.8bn claim against client TPG by jailed Russian billionaire Ziyavudin Magomedov, who made his fortune during Dmitry Medvedev’s presidency. HSF called upon Brick Court’s Mark Howard KC to refute the claim, which alleges that the private equity giant and […]
State immunity and spyware in Bahraini appeal Representatives for the Kingdom of Bahrain are set to appear before the Court of Appeal to argue in favour of state immunity in a one day hearing today (29 July). The island kingdom, represented by Volterra Fietta, is appealing a decision found in favour of Bahraini activists Dr […]
Mishcon de Reya, Fox Williams and Blackstone Chambers are the latest to join the $13.8bn dispute filed by jailed Russian businessman Ziyavudin Magomedov against 22 defendants. Magomedov became a billionaire during Dmitry Medvedev’s four-year term as Russian president, which ended in 2012. In December 2022, Magomedov was sentenced to 19 years in jail for embezzlement […]
The High Court has ordered that the jurisdiction challenge in the $13.8bn dispute brought by jailed Russian businessman Ziyavudin Magomedov be heard this Autumn following a successful expedition application brought by the claimants. In December 2022, Magomedov was sentenced to 19 years in jail for embezzlement alongside his brother, having already spent more than four years […]
The president of Mozambique, Filipe Nyusi, has today succeeded in the “tuna bonds” satellite litigation that sought to join the president as a defendant in the main case. The main trial in the mammoth Tuna Bonds litigation wrapped up in December. The case revolves around allegations that, in order to be awarded lucrative contracts in […]
The English Court has ordered Russian state-controlled pipeline operator Transneft to drop its case in Moscow that sought to prevent jailed businessman Ziyavudin Magomedov from bringing a $13.8bn claim in England against 22 defendants. In December 2022, Magomedov was sentenced to 19 years in jail for embezzlement alongside his brother, having already spent more than four […]