Abramovich Trial Decision
Judgment in the biggest trial in UK history was rendered on 31 August after being reserved for seven months. The claim by Boris Berezovsky against Russian billionaire Roman Abramovich (owner of the Chelsea football club) for damages of $5 billion was dismissed.
In part Berezovksy claimed that Abramovich used intimidatory threats to coerce Berezovsky into selling his interest in the Sibneft oil company at a price that was substantially undervalued. He also alleged that Abramovich breached a shareholders’ agreement concerning an aluminum business RusAl, causing damages.
Here is an executive summary of the judgment.
There was apparently little or no . . . [more]


