Top UK Court Rebuffs Ukraine In Russian $3B Bond Suit
Law360, London (April 29, 2019, 9:21 PM BST) -- The U.K. Supreme Court has refused to hear Ukraine's bid to revive expert evidence in its dispute with Russia over $3 billion in unpaid bonds, saying the country had not raised any arguable legal questions.
The justices denied Ukraine permission to challenge a Court of Appeal decision from September, which refused to admit expert evidence as part of the country's defense against Russia’s claim demanding payment under the debt instruments. The Supreme Court also refused to hear an appeal from Monaco-based billionaire Alexander Vik in a dispute with Deutsche Bank AG, according to a notice published on its website Monday.
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