Case Private: a London court is considering an appeal

Дело Привата: суд Лондона рассматривает апелляцию

The hearing will last about five days

The court in London begins hearing of the appeal in a Bank in a dispute with the former owners, media reported

The court of appeal of England and Wales begins on Monday, the appeal of PrivatBank on the first instance decision on the non-jurisdiction of the claim of the financial institution to the ex-owners, informed the Agency Interfax-Ukraine, a source familiar with the case.

“The hearings will last for about five days,” he said.

The interlocutor of the Agency noted that the main consideration will be the validity of the denial of first instance in the dispute in the British jurisdiction and the relevant security measures.

The source said that the decision of the court of appeal is expected in September-early October, although there is a possibility that it will be announced in the end of the hearing.

We will remind, on April 18, the District administrative court of Kyiv at the suit of Igor Kolomoisky declared the nationalization of PrivatBank illegal. The decision was appealed.

 

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