Russian Tycoon Allowed Only Some Legal Fees In Fraud Suit

By Silvia Martelli (May 13, 2022, 10:17 PM BST) -- A London court ruled Friday that a Russian property tycoon and his sons can recover only £825,000 ($1 million) of the £2.1 million they spent on a successful suit to let them defend themselves after a ruling upheld fraud claims against companies linked to the family.

High Court Judge David Foxton said that because the legal fees incurred by Boris Mints and his two sons are considerably higher than usual, they can only be partially recovered.

In April, the High Court ruled that Mints and his sons have a right to defend themselves against a $700 million lawsuit brought by National Bank...

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