Our litigation practice focuses on representing Russian and international parties in disputes in courts in international jurisdictions. We know the procedure and are usually entrusted by our clients to navigate them in the waters of overseas jurisdictions. We have a wide network of barristers, solicitors and dispute specialists in all jurisdictions that are relevant in the Russian context and work side-by-side with them and our clients to achieve the best results.
We are currently representing PJSC Tatneft, Russia’s fifth biggest oil company, in US$380 million English litigation proceedings and a freezing injunction application in the High Court against four Ukrainian oligarchs – Messrs. Igor Kolomoysky, Gennady Bogolyubov, Pavel Ovcharenko and Alexander Yaroslavsky – in relation to huge and complex alleged cross-border fraudulent activities. In October 2017, Tatneft secured an unanimous victory in the Court of Appeal which reverses an earlier judgment handed down by the High Court in November 2016. The Appeal Court found that the claim by PJSC Tatneft should not have been dismissed by the High Court. The defendants sought further appeal directly from the UK Supreme Court, which, in March 2018, upheld the Court of Appeal ruling. This case is now proceeding to trial.
Members of our team have represented, among others, clients in the following landmark litigation proceedings:
- Counselling Renova Industries in US legal proceedings initiated against a private individual for unjustified enrichment
- Representing a large Russian energy company in an asset recovery case worth more than US$1 billion with respect to a complex international fraud and corruption case involving eight jurisdictions
- Representing one of the world’s largest metal companies in an asset tracing and recovery case against a former executive officer of the company who embezzled in excess of US$50 million
- Representing one of the shareholders in OJSC MegaFon in developing and implementing a litigation strategy in relation to an imposed business combination affecting its shareholder rights and which potentially violates Russian regulations