Wednesday, 2 November 2011

Meerkats fight Russian money battle in London court

I'm sure the £3.1 billion compensation High Court battle between Russian oligarchs Boris Berezovsky and Roman Abramovich - the owner of Chelsea Football Club - is all very entertaining but why is the case being heard in London and not in Moscow? 
   My eager legal beaver friends offer a couple of reasons. Firstly, Berezovsky apparently fell out with Russian leader Vladimir Putin in the Kremlin and fled to self-imposed exile in London in 2000. 
   Secondly, and more to the point, they tell me London law firms are keen to earn fat fees from putting the fairness of the English legal system at the disposal of Russia's many huge ‘commercial’ disputes.
    I wonder if fees paid to London lawyers delving into Russia's murky post-Communist era contribute to the United Kingdom's gross domestic product. 
  Compare the Mercs. Compare the meerkats.

Paul Coleman, London, November 2011.

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