All posts by Sam Claydon

The Supreme Court has recently handed down judgment in the case of JSC BTA Bank v Ablyazov, which is part of the long-running litigation between the two parties in which the claimant Bank has had judgment entered against Mr Ablyazov for an aggregate sum of $4.4 billion.  The questions to be addressed in these proceedings … Continue reading Supreme Court rules on the meaning of “assets” covered by a freezing order

In Vitol SA v Morley, the Commercial Court refused an application that a defendant which was subject to a worldwide freezing order bring a sum of money into the jurisdiction to pay into court. The claimant alleged that the defendant had paid sums to a company connected with it (the “Company”) despite its position that … Continue reading Court refuses claimant’s application that defendant bring monies into the jurisdiction