Seladore Legal LLP: Jailed Russian businessman, Ziyavudin Magomedov files US$14 billion claim in the English High Court against TPG, DP World, Transneft, Rosatom and others, alleging Russian state-led conspiracy
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星期三, 九月 27, 2023
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Simultaneously, he is fighting concerted efforts by prosecutors and business rivals to confiscate his estimated multibillion-dollar business empire.
Key Points:
- Simultaneously, he is fighting concerted efforts by prosecutors and business rivals to confiscate his estimated multibillion-dollar business empire.
- Mr Magomedov co-owned the vital NCSP port in Novorossiysk which handles Russia's oil and grain exports from the Black Sea.
- The legal claim conservatively estimates the value of the claimants' interest in FESCO at $8.8 billion, and their interest in NCSP at $5.0 billion.
- The combined claim of $13.8 billion it is the largest ever claim brought in the English High Court outside the collective redress regime.