Legal Business

After the gold rush – has the age of the oligarch dispute passed?

A year since the headline-busting oligarch disputes between Berezovsky and Abramovich and Cherney and Deripaska ended, Legal Business finds that the London market for Russian and CIS-related disputes remains in rude health

Boris Berezovsky v Roman Abramovich; Michael Cherney v Oleg Deripaska – these were the two headlining title bouts that for a brief and glorious moment took the often prosaic world of shareholder disputes out of the business sections and on to the front page of almost every national newspaper.

They involved a cast of colourful litigants with a seemingly bottomless pit of money and grudges, whose lawyers, particularly the barristers, were turned into media stars, if only for a while. The costs were huge and the outcomes of both cases well documented.