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

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 Saint 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's International Commercial Arbitration 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. The practice is recommended by the international rating Legal 500 EMEA, Russian rankings, Kommersant and Pravo-300 "Sympathy rating". The practice is led by Anna Grishchenkova, partner, LL.M., MCIArb. In 2020 Anna was appointed as Regional Representative of the Russian Federation in the IBA Litigation Committee for the second time, and during 2018-2020 she was a Co-Chair of the Young Litigation Lawyers Forum of IBA. In 2019 Anna was appointed Deputy Chairman of the ICC Russia Commission on Arbitration. Anna is also a Regional Ambassador at HK45 - Hong Kong International Arbitration Centre’s committee (HKIAC). Included into panel of arbitrators in Hong Kong (HKIAC) and into list of arbitrators in Austria (VIAC), Kuala Lumpur (AIAC), Korea (KCAB INTERNATIONAL) and Russia (the Board Member of the Russian Arbitration Center). Author of the book “Psychology and persuasion skills in dispute resolution”. Co-author and co-editor of the book "Arbitration in Asia"

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