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Berezovsky won't appeal Abramovich verdict

10:45 25/09/2012

MOSCOW, September 25 - RAPSI. Boris Berezovsky will not appeal the UK court judgment favoring Roman Abramovich in Berezovsky's claim against him.

Berezovsky had requested compensation for the assets he was allegedly forced to sell to Abramovich between 2000 and 2003, shortly after his flight from prosecution in Russia. Berezovsky claimed that had Abramovich intimidated him and his business partner Badri Patarkatsishvili into selling a number of assets, including a 43 percent interest in the Sibneft oil company and a stake in the Rusal aluminum group at a fraction of their value.

Berezovsky sought $5.5 billion in damages.

The High Court of Justice in London ruled against Berezovsky in August. Following the trial, the plaintiff said that he had lost faith in the British judicial system.

“There will be no appeal. This is a British court judgment. I have congratulated Roman Abramovich with his victory,” Berezovsky told the BBC Russian Service.

He added that he sees no legal grounds for an appeal. “My personal attitude [to the verdict] is another story,” he said.

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Berezovsky won't appeal Abramovich verdict

10:45 25/09/2012 Boris Berezovsky will not appeal the UK court judgment favoring Roman Abramovich in Berezovsky's claim against him.
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