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 […]
At the beginning of the year, The Lawyer released its Top 20 cases of 2024, detailing some of the most influential and intriguing disputes hitting the courts for the first time this year. However, for many parties involved in high-profile cases, there will be a return to the courtroom over the next 12 months. The […]
Glass manufacturer levels conspiracy allegations against former family owners German glass manufacturer Vandaglas – previously AEQUITA – has been on an expansion spree since 2019, acquiring and taking over glass makers in the Netherlands, Austria, the UK, and Switzerland in the last five years alone, cementing itself as a giant in the European industry. However, […]
Russian state-controlled pipeline operator Transneft has had a notification injunction made against it to prevent it from dissipating assets in the latest update to the $13.8bn lawsuit filed by jailed Russian businessman Ziyavudin Magomedov against 22 defendants. In December 2022, Magomedov was sentenced to 19 years in jail for embezzlement alongside his brother, having already spent more […]
Firms including Herbert Smith Freehills, Seladore Legal and Quinn Emanuel are on call in one of the largest ever claims to be brought in the English High Court outside the collective redress regime. Valued at $13.8bn, the lawsuit was filed in July by jailed Russian businessman Ziyavudin Magomedov against 22 defendants, including a number of […]
Jailed Russian businessman Ziyavudin Magomedov has filed a $13.8bn claim against US private equity giant TPG, ports multinational DP World and a number of Russian state companies. The claim, which alleges that Magomedov’s business empire was manoeuvred into Russian state hands, was launched by litigation boutique Seladore Legal and includes a line-up of barristers from […]