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Ilyashev & Partners Secures Enforcement of English Court Judgment in Russia

Ilyashev & Partners Secures Enforcement of English Court Judgment in Russia

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Ilyashev & Partners has convinced a Russian court to issue an enforcement order in a dispute between PJSC Alfa-Bank against businessman Kirill Podolsky, the former owner of the online agency Anywayanyday, in the amount of more than USD 12 million.

According to Ilyashev & Partners, "the Rostov Regional Court upheld the petition filed by the firm’s lawyers to enforce the relevant Order of the Commercial Court of the Queen’s Bench Division of the High Court of Justice in England and Wales in [a] suit filed by the PJSC Alfa Bank against Kirill Podolsky in the territory of the Russian Federation."

"This decision [sets] a precedent for Russian case law," Ilyashev & Partners reports, "since it entails the enforcement of the English court judgment in Russia. As a rule, decisions of English courts are not enforced in Russia due to the absence of the relevant agreement between the countries on the provision of legal aid and a fairly critical attitude of Russian courts to the ways the parties are served notifications in the UK."

"As a next step in this case," according to Ilyashev & Partners, "the firm will actually act to collect money from the debtor within the framework of enforcement or bankruptcy proceedings."