Russia and Ukraine begin the next round in their legal battle over a politically charged $3 billion (2.16 billion pounds) Eurobond on Monday, when a hearing at the court of appeal kicks off in London, according to Reuters.
The High Court of London has ordered Ukrainian tycoon Rinat Akhmetov's SCM financial and industrial group to pay extra $760 million on June 26, 2018, for Ukraine's telecoms giant Ukrtelecom and rejected SCM's counterclaims over the termination of the contract for the purchase of the telecoms operator, according to the news portal Liga.net.
Ukraine’s Finance Ministry on June 10 will appeal the decision of the High Court of London on the Russian suit against Ukraine over the so-called $3 billion "Yanukovych's debt," minister Oleksandr Danyliuk, told journalists.
The Ministry of Finance of Ukraine intends to appeal in early June the decision of the High Court of London on Russia’s suit against Ukraine over the so-called $3 bln "Yanukovych's debt," the ministry’s press service told UNIAN.
The High Court of Justice in England on Wednesday, March 29, approved a motion for expedited consideration of Russia’s lawsuit against Ukraine regarding the so-called "$3 billion Yanukovych debt," having not recognized the validity of Ukraine's arguments in this case, Finance Minister Oleksandr Danyliuk told a Kyiv briefing.