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30 November 2012 / Louis Flannery KC
Issue: 7540 / Categories: Features , Commercial
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Rich pickings (Pt II)

Louis Flannery concludes his analysis of Berezovsky v Abramovich

Berezovsky’s claims were brought in a variety of commercial court and chancery division proceedings, all started over a two-year period from mid-2007 to mid-2009. The claim forms were famously served on Abramovich outside a Hermès store in Chelsea. The claims were eventually consolidated, and the trial of the main claims was to be heard before Mrs Justice Gloster. Appearing for Berezovsky were an array of counsel (instructed by Addleshaw Goddard), led by Laurie Rabinowitz QC, whose job it was to cross-examine Abramovich. On the other side were several teams. Jonathan Sumption QC (now a Supreme Court judge) led the battle for Abramovich, instructed by Skadden Arps.

During the course of the actions, Berezovsky’s case shifted consistently, and was still being amended right up to the start of the trial. Although late amendments are fairly common, the fundamental allegations usually remain consistent throughout. That was not the case here. However, that has to be seen in the context of pleadings, witness statements and skeleton arguments

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MOVERS & SHAKERS

Clarke Willmott—Anita Rasaratnam

Clarke Willmott—Anita Rasaratnam

Clarke Willmott strengthens social housing development offering with senior London appointment

Trowers & Hamlins—David Meecham

Trowers & Hamlins—David Meecham

Trowers strengthens Birmingham real estate team with partner hire

Blake Morgan—Jennifer Ray & Louise Culleton

Blake Morgan—Jennifer Ray & Louise Culleton

Blake Morgan expands private client and regulatory teams with new legal directors

NEWS
A mood of cautious optimism has enveloped the criminal law sector following indications the Prime Minister may abandon planned jury reforms
Helping to source the services and providers you need
The Senior Courts Costs Office has clarified that judges conducting detailed assessment proceedings cannot order security for costs—a ruling that may leave successful parties exposed to further litigation expense
Rejecting a generous settlement can prove an expensive mistake, as two recent high-profile cases demonstrate
The Financial Conduct Authority (FCA) continues to show that failing to disclose regulatory issues can attract harsher consequences than the original misconduct itself
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