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JSC VTB BANK – V – SKURIKHIN [2014] EWHC 271 (Comm)

PCB acted for the claimant bank in bringing claims to enforce Russian judgments for around US$40m in England. The defendant raised a defence that the Russian judgments were procured by fraud and/or that the English court should decline to enforce the judgments on the basis of public policy. In particular, he alleged that the judgment had been granted as part of a “corporate raid” in order to acquire his business and that as the claimant was a state-owned bank, it was impossible for him to get justice from the Russian court. PCB was able to persuade the English Court that the defence was without substance and summary judgment was granted in favour of the bank.