2008 Commercial Court (Clarke J) ALLER (D) 299 (Oct)
Court: High Court
Date of Judgment: 29.10.08
Reverse summary judgment obtained against a Russian company which claimed that the dilution of its interest in another company (from 50% to 1%) had been procured by fraud.
Richard Walford is a member of the counsel team which obtained reverse summary judgement. The case involved wide issues of Russian company and insolvency law, conflicts of laws, problems of jurisdiction, forum non conveniens and residence as well as points involving res judication in other countries.