Commercial Court dismisses fraud claims in Russian / Ukrainian oil dispute after 12-week trial

On 24 February 2021, Mrs Justice Moulder gave judgment on a long-running claim for alleged fraud brought by Tatneft, the fifth largest oil company in Russia, against four Ukrainian businessmen. Moulder J dismissed the claim on grounds it was time-barred and the pleaded “harm” would not qualify as such under Article 1064 of the Russian Civil Code.

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