Matter
Briefline Assets Ltd v Nikolay Anatolyevich Falin et al (BVIHC (COM) 2020/0223)
- 27 November 2020Arbitration
27 November 2020Arbitration
Arbitral award published 27 November 2020
- Decision summary
- The arbitral tribunal made determinations in proceedings between Nikolay Anatolyevich Falin and Belfast Services SA. The court treated Briefline as Belfast's privy and held it bound by the award's determinations, while noting that beneficial ownership of the Belfast shares was not an issue for the arbitrators.
Supporting details
2 participantsNikolay Anatolyevich Falin
Belfast Services SA
6 months and 21 days later · 202 days
- 17 June 2021British Virgin Islands
17 June 2021British Virgin Islands
Judgment of the Eastern Caribbean Supreme Court, High Court of Justice (Commercial Division) in the case BVIHC (COM) 2020/0223 dated 17 June 2021
Eastern Caribbean Supreme Court, High Court of Justice (Commercial Division)
- Decision summary
- The court refused to continue the injunction restraining the defendants from dealing with Belfast shares and assets, finding that Briefline had no arguable pleaded case and had failed in its duty of full and frank disclosure.
7 months and 29 days later · 243 days
- 15 February 2022British Virgin Islands
15 February 2022British Virgin Islands
Judgment of the Eastern Caribbean Supreme Court, High Court of Justice (Commercial Division) in the case BVIHC (COM) 2020/0223 dated 15 February 2022
Eastern Caribbean Supreme Court, High Court of Justice (Commercial Division)
- Decision summary
- The court granted Briefline's application to re-re-amend its claim form and statement of claim and to add Nikolay Khorkov, Mr. Zotov, and Mr. Thorstenn as additional claimants, subject to correcting the prayer of the draft pleading. It dismissed Nikolay Anatolyevich Falin's applications to strike out the claim and for reverse summary judgment. The court held that the illegality issue was unsuitable for strike-out determination, rejected the abuse-of-process allegation based on the arbitration, and found that the re-amended case had a realistic prospect of success.
Supporting details
24 authorities · 17 participantsBriefline Assets Ltd
- Representative
- Steven Thompson (For: Briefline Assets Ltd)
- Representative
- Adam Cloherty (For: Briefline Assets Ltd)
- Representative
- Alana-J Joseph (For: Briefline Assets Ltd)
- Representative
- Conyers (For: Briefline Assets Ltd)
- Representative
- Martin Carrington (For: Briefline Assets Ltd)
Nikolay Anatolyevich Falin
- Representative
- Stuart Adair (For: Nikolay Anatolyevich Falin)
- Representative
- Oliver Clifton (For: Nikolay Anatolyevich Falin)
- Representative
- Walkers BVI (For: Nikolay Anatolyevich Falin)
Belfast Services SA
Nikolay Khorkov
Zotov
Thorstenn
Eastern Caribbean Supreme Court, High Court of Justice (Commercial Division)
- Judge
- Adrian Jack
Other
- Witness
- Alecia Johns
- Witness
- Silver