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Baker McKenzie Defends Interests of Oleh Dubyna-Owned Prandicle Limited in English Commercial Court

Baker McKenzie Defends Interests of Oleh Dubyna-Owned Prandicle Limited in English Commercial Court

Ukraine
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Baker McKenzie has successfully defended the interests of Prandicle Limited, a company owned by former Ukrainian Vice Prime Minister and former Naftogaz CEO Oleh Dubyna, in the English Commercial Court, against proprietary and unjust enrichment claims.

According to Baker McKenzie, "following an eight week trial in October and November 2019, all claims against Prandicle were dismissed by Mr. Justice Picken on 14 July 2020. Prandicle’s costs of the litigation are to be paid on an indemnity basis by Mr. Sergiy Taruta and his corporate vehicles, reflecting the unsatisfactory and dishonest manner in which they pursued the claims against Prandicle."

The case, worth several billion dollars and involving claims brought under both Ukrainian and English law, arose out of the separation of the joint business interests of three Ukrainian businessmen.

The Baker McKenzie team was led by London-based Partner Hugh Lyons, supported by Senior Associates Ben Ko and Anjuli Patel and Associate Emma Brown. The team also included Kiev-based Partner Ihor Siusel and Associate Olesya Omelyanovich. The counsel team was led by Stephen Smith QC of Erskine Chambers, supported by Peter Ratcliffe of 3 Verulam Buildings.

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Baker McKenzie brings insight and foresight to clients across more than 70 global offices. Our team of 13,000 people, including over 6,500 lawyers, works alongside our clients to drive growth that is both sustainable – and inclusive. The global business community is more interconnected than ever before. Opportunities and risks spill across different markets, sectors and areas of law, so a connected perspective is essential in delivering business objectives while mitigating risk. Our integrated client solutions provide seamless advice, underpinned by deep practice and sector expertise, as well as first-rate local market knowledge.

In the Central and Eastern European (CEE) region, Baker McKenzie's expansion remains steadfast, with a thriving team of over legal professionals. Our footprint extends across six offices in Austria, the Czech Republic, Hungary, Poland, Türkiye, and Ukraine. As part of our global network, coupled with well-established partnerships throughout the entire CEE landscape, we proudly stand as one of the foremost international law firms in this dynamic territory. Our reputation as a premier business law firm in CEE is a testament to our extensive experience in advising on a multitude of prestigious projects and nurturing enduring client relationships.

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