Wednesday, October 17, 2012

Russian Region Seeks London Attorney to Sue Berezovsky

The government of the Samara region invited bids for representing it in the London High Court in its suit against fugitive oligarch Boris Berezovsky. The government is ready to spend in legal expenses not more than £400,000 (which is not much by London standards). Earlier the regional government has filed a lawsuit with London's High Court seeking the recovery of 989 million rubles in debts from Berezovsky. "This sum is part of the 1.063 billion ruble debt owed to the regional authorities by Boris Berezovsky and his business partner Yuly Dubov," the press service said. Moscow's Simonovsky Court ruled in April 2012 that a 1995 deal between AvtoVAZ and LogoVAZ (controlled by Berezovsky)  led to the Samara regional government's losing 997 million rubles (some $30 mln) in profit.

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