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17 October 2012
Issue: 7534 / Categories: Legal News
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Berezovsky costs

Berezovsky case most expensive private action in history

Boris Berezovsky, whose High Court claim against Roman Abramovich settled in August, has to pay legal costs of nearly £39m following what is believed to be the most expensive private action in England’s legal history.

The battle of the Russian oligarchs began after Berezovsky claimed Abramovich broke promises and persuaded him to sell his shares in oil company Sibneft at too cheap a price.

Berezovsky has agreed to pay Abramovich’s legal expenses of £35m, and has also been ordered to pay £3.75m to businessman Vasily Anisimov for a second claim.

Issue: 7534 / Categories: Legal News
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MOVERS & SHAKERS

Clyde & Co—Suriya Ashok

Clyde & Co—Suriya Ashok

Clyde Co strengthens energy transition and construction offering with hire of Suriya Ashok

Jurit—Nicole Gallop Mildon

Jurit—Nicole Gallop Mildon

Jurit appoints rare dual-qualified lawyer to expand Anglo-French private wealth expertise

NEWS
The Financial Reporting Council’s revised Audit Enforcement Procedure will alter the balance of power in corporate investigations
A telecoms operator may be able to hold over under the Landlord and Tenant Act 1954, yet still be unable to secure a renewal: an outcome described as a legal ‘paradox’

Safety fears do not automatically justify shutting an interested person out of a statutory will application

Consumer credit law is heading for its biggest shake-up in 50 years, with the Consumer Credit Act 1974 set to yield much of its detailed statutory machinery to FCA rules
The Supreme Court has settled a long-running dispute over part-time workers: unfavourable treatment need be a significant or effective cause, not the sole cause
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