Sunday 25 February 2018

Judgment reserved in Abramovich court case

Brian Farmer in London

A multibillion-pound High Court battle between Chelsea Football Club owner Roman Abramovich and exiled Russian oligarch Boris Berezovsky ended yesterday.

Judge Mrs Justice Gloster reserved judgment to a date to be fixed after a trial at the Commercial Court in London.

Mr Berezovsky (65) sued Mr Abramovich (45) for billions during a hearing which started in October.

The final pieces of evidence were presented in December and lawyers have spent the past few days making closing submissions.

Mr Berezovsky said Mr Abramovich "betrayed" him and "intimidated" him into selling shares in Russian oil company Sibneft for a "mere $1.3bn (€1bn) -- "a fraction of their true worth".

Irish Independent

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