Re JSC Mezhdunarodniy Promyshlenniy Bank; JSC Mezhdunarodniy Promyshlenniy Bank and another v Pugachev

Practice – Pre-trial or post-judgment relief. The Chancery Division dismissed an application by trustees of trusts, to which the Russian banker Sergei Pugachev was a discretionary beneficiary, to discharge a worldwide freezing order granted to the claimants where there had been no culpable non-disclosure as alleged and where there was a real risk of dissipation of assets.

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