We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

PrivatBank’s Bid To Widen $2.6B Asset Freeze Dismissed

Law360, London (December 18, 2018, 8:20 PM GMT) -- A London appellate court on Tuesday dismissed a set of claims by Ukrainian PrivatBank and its former owners that a lower court judge was wrong when he ruled on whether several transactions were exempt from a $2.6 billion worldwide freezing order or not.

Tuesday’s hearing was focused on the technical interpretation of the word “business” in a worldwide freezing order that was handed down against Igor Kolomoisky — an oligarch and the former governor of the Ukrainian city of Dnipropetrovsk — and several companies in December 2017.

PrivatBank had taken issue with High Court Judge Timothy Fancourt’s conclusion on July 24...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!




Law Firms