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FORUM: Coming out of the cold

05 May 2015  

Simon Nurney and Gavin Gray explore a recent decision on the question of jurisdiction

In the recent case of Erste Group Bank AG London Branch v JSC ‘VMZ Red October’ [2015], the Court of Appeal held that England was not the appropriate forum to determine what ‘was overwhelmingly a Russian case’. This article considers the main points of general interest arising from that judgment.

Additional Info

  • Case(s) Referenced:

    AK Investment CJSC v Kyrgyz Mobil Tel Ltd & ors [2011] UKPC 7

    Booth v Phillips & ors [2004] EWHC 1437 (Admlty)

    Cherney v Deripaska [2008] EWHC 1530; [2009] EWCA Civ 849

    Cooley v Ramsey [2008] EWHC 129 (QB)

    Erste Group Bank AG London Branch v JSC ‘VMZ Red October’ & ors [2015] EWCA Civ 379

    Golden Ocean Assurance Ltd v Martin (The Goldean Mariner) [1990] 2 Lloyd’s Rep 215