header-logo header-logo

23 November 2012 / Louis Flannery KC
Issue: 7539 / Categories: Features , Commercial
printer mail-detail

Rich pickings (Pt I)

Louis Flannery analyses the latest saga in the oligarch wars taking place in the English courts

As a story, the case of Berezovsky v Abramovich had everything: sex; money; politics; power; mysterious deaths; shady deals in a top London hotel; corruption; and betrayal. As a legal battle, it also had everything: billions of dollars at stake; a massive trial, stretching over the best part of six months; stellar counsel, playing at the top of their game; legal fees said to have reached over £100m in total; a judge regarded as one of the best on the bench, and widely tipped for promotion; lying witnesses; and a good old-fashioned fight between two mightily rich men. Throw in a decent mix of legal issues and you have the dream court case.

Background: the end of Communism in Russia

The story really begins in the late 1980s and 1990s: a period of extraordinary upheaval in Russian history. During this period—as Russia ceased to be part of the Soviet Union—the political system, the centralised economy

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

NLJ Career Profile: Nick McDonnell, Kain Knight

NLJ Career Profile: Nick McDonnell, Kain Knight

Nick McDonnell of Kain Knight reflects on an unexpected legal career, his drive to support vulnerable clients and the surprising pleasures of watching nothing happen

Mayo Wynne Baxter—Angela Arnold

Mayo Wynne Baxter—Angela Arnold

Mayo Wynne Baxter strengthens property team with new partner appointment

WilmerHale—Jeremy Kosky & Charlie Lightfoot

WilmerHale—Jeremy Kosky & Charlie Lightfoot

WilmerHale expands London disputes capabilities with addition of two leading partners

NEWS
Lawyers have welcomed the Lord Chancellor’s reverse-ferret on jury reforms, but expressed ‘serious concerns’ about the decision to exclude fraud trials
From ‘rats in the robing room’ to ‘overworked’ judges and a shortage of court staff, barristers have aired their concerns about the state of the justice system
The use of agentic artificial intelligence (AI) poses ‘significant risks’ across the justice system, public services and government, and current regulation is ‘poorly suited’ to control it, experts have warned
The solicitors’ regulator has paused controversial plans to exclude owner-managers from compliance officer roles
The government has launched a £16m legal support grant to support 48 frontline legal advice organisations supporting people facing eviction, problem debt, benefit disputes and family breakdown
back-to-top-scroll