KIAP lawyers successfully represented interests of the Client in High Court of Justice in England in a dispute for £30 million

22.01.2018

KIAP lawyers successfully represented interests of the Client in High Court of Justice in England in a dispute for £30 million

In December 2017, in Her Majesty’s High Court of Justice in England the final hearing of the claim of Alexey Bazhanov to companies of the Saints-Petersburg holding “Blago” owner, Arkadiy Fosman, was held. Alexey Bazhanov tried to collect  £30 million pounds of reparation for assets of “Masloproduct” group, which currently went bankrupt, previously owned by him. At the present abovementioned assets are under control of KIAP Client, Mr Fosman.

As a result of semiannual  joint work of Russian lawyers, Britain solicitors and Royal barrister, acting in court, High Court of Justice in England rejected the claim of Mr Bazhanov in full and did not recognize the existence of the English jurisdiction for dispute resolution.

More information about the history of the conflict can be found here.

Client’s interests in this project were represented by Anna Grishchenkova, Litigation and International Commercial Arbitration Partner of KIAP, and Andrey Korelskiy, Managing Partner of KIAP.


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International Commercial Arbitration

KIAP International Commercial Arbitration practice was formed in a separate division in 2014. The practice is recommended by Russian ranking Pravo.Ru-300. The practice is headed by Anna Grishchenkova, partner, recommended by the international legal rankings Chambers Europe, Chambers Global, Legal 500 EMEA and Best Lawyers. Anna was granted the status of Member of The Chartered Institute of Arbitrators (CIArb). During 2016-2018 was a regional representative of Russia in the IBA Litigation Committee, in 2018 was appointed a Co-Chair of the Young Litigation Lawyers Forum of IBA. Anna is also a Regional Ambassador at HK45 - Hong Kong International Arbitration Centre’s committee (HKIAC). She is included into list of arbitrators in Austria (VIAC), Kuala Lumpur (KLRCA), Hong Kong (HKIAC), Russia (RAA), the Board Member of the Arbitration Center. Irina Suspitсyna is the Head of arbitration and mediation projects, LL.M, ACIArb. The practice represents clients’ interests in international commercial arbitration in Russia and abroad, as well as before Russian courts in matters involving recognition and enforcement of international commercial arbitration awards, provides consultations on arbitration agreements, its validity and enforceability, on facilitation of out-of-court settlements and on strategies for international commercial arbitration. 


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