A judge in London was due Friday to give a verdict in the long-running legal battle between British-based billionaire Roman Abramovich and fellow Russian tycoon Boris Berezovsky.
Abramovich, who owns European club football champions Chelsea, and Berezovsky have spent a reported 100 million pounds fighting the case, which has involved an army of lawyers.
Berezovsky, 66, is suing 45-year-old Abramovich for more than ?3.0 billion, claiming he "betrayed" him and "intimidated" him into selling shares in the Russian oil company Sibneft for a "mere 1.3 billion dollars".
The case in the High Court in London, which started in October, has thrown light on the lavish lifestyles of the oligarchs, and the political influence that Berezovsky wielded when Boris Yeltsin was Russian president.
Berezovsky has alleged breach of trust and breach of contract, but Abramovich firmly denies the allegations.
He has told the court that Berezovsky was paid millions of pounds for his services as a "political godfather" but was not a business partner of his.
Berezovsky fled Russia in 2000 after he fell out with Vladimir Putin during his first term as president.
Source: http://news.yahoo.com/feuding-russian-oligarchs-wait-london-verdict-091038980.html
winter solstice x factor finale pro bowl voting kindle fire update pasco county rooney mara solstice
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.