Russian tycoon Oleg Deripaska has lost his appeal to block a $4bn (£2.4bn) dispute over his stake in aluminium giant RUSAL from being heard in the UK.
August 03, 2009 at 09:49 AM
1 minute read
The original version of this story was published on Legalweek
Russian tycoon Oleg Deripaska has lost his appeal to block a $4bn (£2.4bn) dispute over his stake in aluminium giant RUSAL from being heard in the UK.
Following a ruling handed down last week (31 July) by the Court of Appeal, the long-running dispute between RUSAL owner Deripaska and Israel-based businessman Michael Cherney over a 20% stake of aluminum giant RUSAL is set to remain in UK courts.
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