One of the defining transnational business battles of our time came to a quiet close on Oct. 20 with the final antitrust clearance for the creation of VimpelCom Ltd. The $23 billion company melds the Russian and Ukrainian cell phone assets of the warring parties, Telenor ASA of Norway and Alfa Group, controlled by the Russian oligarch Mikhail Fridman.
Aside from the usual entertainment value provided by oligarchs with spare millions to spend on litigation, the VimpelCom dispute offers a primer in the use of arbitration and Western courts to defend against the abuse of courts in the developing world by sharp-elbowed local business partners.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]