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Berezovsky's counsel to deliver closing speech

10:42 17/01/2012

LONDON, January 17 - RAPSI. Boris Berezovsky's counsel Laurence Rabinowitz will deliver his concluding remarks at the High Court of Justice in London on Tuesday, after which the court will pass its judgment in a $5.5 billion lawsuit, the Russian Legal Information Agency (RAPSI/rapsinews.com) reports.

Berezovsky claims in his lawsuit that between 2000 and 2003 Roman Abramovich intimidated him and his partner Badri Patarkatsishvili into selling a number of assets including a 43-percent stake in Sibneft, a major Russian oil company, and a stake in the RUSAL aluminum group for significantly less than their value.

Berezovsky alleged that Abramovich abused his confidence.

Abramovich challenged the statement that Berezovsky owned any stakes in these companies. Chelsea football club owner said he paid millions of dollars, often in cash, to Berezovsky only for political protection and the payments were effected legally.

Jonathan Sumption, QC for Abramovich, summed up in December everything discussed at the trial.

Now Rabinowitz is to give his closing speech to complete the litigation's main stage.

The trial began in early October, although the statement of claim was filed as early as in 2007.

Nevertheless, it is a long way to the end: if the judgment is contested the case may well reach the Supreme Court.

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Berezovsky's counsel to deliver closing speech

10:42 17/01/2012 Boris Berezovsky's counsel Laurence Rabinovitz will deliver his concluding remarks at the High Court of Justice in London on Tuesday, after which the court will pass its judgment in a $5.5 billion lawsuit.
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