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The sanctioned Russian billionaire has filed for bankruptcy in London against a former associate because of legal costs arising from a dispute about the proportion of hundreds of millions of dollars in one of the world’s largest fertilizer manufacturers.
Andrey Guryev performed bankruptcy against Alexander Gorbachev, who was unsuccessfully sued by Guyeva last year for the claim that he was renewing a verbal promise – partially presented in the sauna and street outside Puba – to approve of significant interest in Phosagr.
Gorbachev, who has nothing to do with the late Soviet leader Michael Gorbacova, lost a lawsuit after a high court referee in September in September “Unpublished and unaccountable inconsistencies” in his claims.
He was ordered to pay Guryev’s legal costs, in the amount of £ 12m. Gorbachev had a litigation for 10 million pounds, according to a court order in October, leaving a deficiency of £ 2 million.
The court order added that Guryev had to apply to the Implementation Office of Financial Sanctions, the Hand of the Treasury in the UK, for a license “to allow receipt from him about the amount they are paid”.
Legal records show that Guyev has filed for bankruptcy – a request for the submission of assets that will be submitted and sold to pay debt – in the December High Court against Gorbachev, who attended an initial hearing in central London this week.
Daniel Cashman, a lawyer who represented Guryev, told the court that his client owed funds “in millions” arising from Gorbaca’s failed court lawsuit.
James Culverwell, a lawyer for Gorbacov, said the request for bankruptcy was challenged. The procedure was postponed on a later date.
The dispute over the share of Phosagr was one of several conflicts between Russian businessmen in London courts because of the controversial ownership of the companies created during the Buccaneering, which followed the collapse of the Soviet Union.
Gorbachev was a longtime senior manager at Phosaggru, but fled Russia to seek asylum in the UK in 2004. He claimed that he was entitled to 25 percent of Guryeva shares in fertilizer business, which is estimated to be worth several hundred million dollars.
In support of the lawsuit, Gorbachev cited the conversations he and Guyev allegedly led to London years ago, including a sauna, outside Puba IU restaurants.
Guryev said that Gorbac’s claims do not have a “factual basis” and that they described legal proceedings as a “earthquake”.
Last year, a six -week trial was heard in which Judge Mark Pelling KC traveled to Dubai to listen to Guye’s testimony with respect to the sanctions imposed on a billionaire.
In his judgment, the judge found that in Gorbac’s claims there were “simply too much inexplicable and inexplicable inconsistencies and innate incompetence.” Gorbachev said at the time that the verdict was “extremely disappointing.”
