Sanctioned Russian billionaire files London bankruptcy petition against former associate

United Kingdom News News

Sanctioned Russian billionaire files London bankruptcy petition against former associate
United Kingdom Latest News,United Kingdom Headlines
  • 📰 ftenergy
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Andrey Guryev brings action against Alexander Gorbachev over legal costs stemming from High Court dispute

A sanctioned Russian billionaire has filed a bankruptcy petition in London against a former associate over legal costs stemming from a dispute about a stake worth hundreds of millions of dollars in one of the world’s largest fertiliser producers.

Daniel Cashman​, the barrister representing Guryev, told the court that his client was owed monies “in the millions” arising from Gorbachev’s failed court action. James Culverwell, the barrister for Gorbachev, said that the bankruptcy petition was being contested. The proceedings were adjourned to a later date.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

ftenergy /  🏆 47. in UK

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

India Halts Russian Oil Purchases From Sanctioned FirmsIndia Halts Russian Oil Purchases From Sanctioned FirmsIndia has stopped doing business with Russian tankers and companies sanctioned by the U.S. last week, according to a government source. Despite the sanctions, India expects its crude oil imports from Russia to continue until March.
Read more »

Sanctioned Russian Oligarch Allegedly Used Tax Dodge to Fund Chelsea PurchaseSanctioned Russian Oligarch Allegedly Used Tax Dodge to Fund Chelsea PurchaseA new investigation alleges that sanctioned Russian oligarch Roman Abramovich used a complex scheme involving the British Virgin Islands to avoid paying taxes on investments that helped fund his purchase of Chelsea Football Club in 2003. The investigation by the Bureau of Investigative Journalism claims Abramovich invested billions through a network of offshore companies, ultimately making billions in profits from Western hedge funds. Labour MP Joe Powell has called for an urgent investigation by HM Revenue and Customs.
Read more »

Russian Financier Loses Tax Dispute Over £5.75 Million London HomeRussian Financier Loses Tax Dispute Over £5.75 Million London HomeAndrei Tretyakov claimed his converted factory was partly commercial to reduce stamp duty, but lost a tax dispute after a tribunal upheld the full bill.
Read more »

Ryanair flight from London aborts landing after plane's GPS signal is 'jammed' near Russian borderRyanair flight from London aborts landing after plane's GPS signal is 'jammed' near Russian borderA Ryanair flight from London Luton has been forced to abort its landing after the plane's GPS signal was 'jammed' near the boarder with Russia.
Read more »

Why Don't London Football Teams Have 'London' in Their Names?Why Don't London Football Teams Have 'London' in Their Names?This article explores the historical reasons behind why no men's football teams from London have 'London' in their names, despite similar practices in other European cities.
Read more »

First Russian Crude Tanker Discharged Amidst New US SanctionsFirst Russian Crude Tanker Discharged Amidst New US SanctionsThe first tanker carrying Russian crude oil discharged at an eastern Chinese port operated by Shandong Port Group, following new sanctions imposed by the Biden administration on Russian energy. The sanctions, which include a grace period, target 180 vessels, senior Russian oil executives, traders, and two major oil companies, Surgutneftgas and Gazprom Neft. India has pledged to comply with the sanctions and turn away sanctioned tankers. Experts predict the sanctions will significantly disrupt Russian oil exports to China and India, the largest buyers of Russian crude, potentially impacting the global oil market.
Read more »



Render Time: 2025-02-15 01:56:25