Arbitral Digest

Matter

Celestial Aviation Trading Ireland Limited and Others v Volga-Dnepr Logistics B.V. (High Court of Justice, Commercial Court, CL-2022-000249)

  1. 20 December 2024United Kingdom

    20 December 2024United Kingdom

    Order of Paul Stanley KC dated 20 December 2024

    High Court of Justice

    Decision summary
    The court dismissed Volga-Dnepr Logistics B.V.'s application for an extension of time to serve evidence opposing the claimants' applications and ordered it to pay the claimants GBP 50,000 in costs within 14 days.

    Supporting details

    6 participants
    Celestial Aviation Trading Ireland Limited
    Celestial Aviation Trading 27 Limited
    Celestial Aviation Trading 6 Limited
    Celestial Aviation Trading 23 Limited
    Volga-Dnepr Logistics B.V.
    High Court of Justice

    1 month and 22 days later · 53 days

  2. 11 February 2025United Kingdom

    11 February 2025United Kingdom

    Interim Payment Order of Bryan J dated 11 February 2025

    High Court of Justice

    Decision summary
    The court ordered Volga-Dnepr Logistics B.V. to make interim payments totalling USD 202,811,264 in respect of its liability under the Guarantees and to pay the claimants GBP 50,000 on account of the costs of the Interim Payment Application by 1600 hours on 25 February 2025.

    Supporting details

    6 participants
    Celestial Aviation Trading Ireland Limited
    Celestial Aviation Trading 27 Limited
    Celestial Aviation Trading 6 Limited
    Celestial Aviation Trading 23 Limited
    Volga-Dnepr Logistics B.V.
    High Court of Justice
    Judge
    Bryan J

    3 months and 2 days later · 91 days

  3. 13 May 2025United Kingdom

    13 May 2025United Kingdom

    Judgment of the High Court of Justice, King's Bench Division, Commercial Court in the case CL-2022-000249 dated 13 May 2025

    High Court of Justice, King's Bench Division, Commercial Court

    Case no.
    CL-2022-000249
    Citation
    [2025] EWHC 1156 (Comm)
    Decision summary
    The court dismissed Volga-Dnepr Logistics B.V.'s application to vary the 11 February 2025 Interim Payment Order. It held that the defendant had not established a sufficient basis for variation, that the order itself did not breach UK or US sanctions, and that the sanctions-related payment risks did not require the payment terms to be changed.

    Supporting details

    10 authorities · 18 participants
    Celestial Aviation Trading Ireland Limited
    Representative
    Rupert Allen KC (For: Celestial Aviation Trading Ireland Limited · Celestial Aviation Trading 27 Limited · Celestial Aviation Trading 6 Limited · Celestial Aviation Trading 23 Limited)
    Representative
    Herbert Smith Freehills LLP (For: Celestial Aviation Trading Ireland Limited · Celestial Aviation Trading 27 Limited · Celestial Aviation Trading 6 Limited · Celestial Aviation Trading 23 Limited)
    Celestial Aviation Trading 27 Limited
    Representative
    Rupert Allen KC (For: Celestial Aviation Trading Ireland Limited · Celestial Aviation Trading 27 Limited · Celestial Aviation Trading 6 Limited · Celestial Aviation Trading 23 Limited)
    Representative
    Herbert Smith Freehills LLP (For: Celestial Aviation Trading Ireland Limited · Celestial Aviation Trading 27 Limited · Celestial Aviation Trading 6 Limited · Celestial Aviation Trading 23 Limited)
    Celestial Aviation Trading 6 Limited
    Representative
    Rupert Allen KC (For: Celestial Aviation Trading Ireland Limited · Celestial Aviation Trading 27 Limited · Celestial Aviation Trading 6 Limited · Celestial Aviation Trading 23 Limited)
    Representative
    Herbert Smith Freehills LLP (For: Celestial Aviation Trading Ireland Limited · Celestial Aviation Trading 27 Limited · Celestial Aviation Trading 6 Limited · Celestial Aviation Trading 23 Limited)
    Celestial Aviation Trading 23 Limited
    Representative
    Rupert Allen KC (For: Celestial Aviation Trading Ireland Limited · Celestial Aviation Trading 27 Limited · Celestial Aviation Trading 6 Limited · Celestial Aviation Trading 23 Limited)
    Representative
    Herbert Smith Freehills LLP (For: Celestial Aviation Trading Ireland Limited · Celestial Aviation Trading 27 Limited · Celestial Aviation Trading 6 Limited · Celestial Aviation Trading 23 Limited)
    Volga-Dnepr Logistics B.V.
    Representative
    Michael McLaren KC (For: Volga-Dnepr Logistics B.V.)
    Representative
    Nathalie Koh (For: Volga-Dnepr Logistics B.V.)
    Representative
    Candey (For: Volga-Dnepr Logistics B.V.)
    Representative
    Grosvenor Law (For: Volga-Dnepr Logistics B.V.)
    Representative
    Quillon (For: Volga-Dnepr Logistics B.V.)
    High Court of Justice, King's Bench Division, Commercial Court
    Judge
    Bryan J
    Other
    Witness
    McKinney
    Witness
    Solovov
    Witness
    Botiuk

    Authorities cited

    10
    • Tibbles v SIG plc ([2012] EWCA Civ 518)
      case law
    • Orb a.r.l. v Ruhan ([2016] EWHC 850 (Comm))
      case law
    • Re VTB Capital Plc ([2022] EWHC 1106 (Ch))
      case law
    • Re KRF Services (UK) Ltd ([2024] EWHC 2978 (Ch))
      case law
    • O v C ([2024] EWHC 2838 (Comm))
      case law
    • United Kingdom Russia (Sanctions) (EU Exit) Regulations 2019
      statute
    • United Kingdom Sanctions and Anti-Money Laundering Act 2018
      statute
    • United Kingdom Serious Crime Act 2007
      statute
    • PJSC National Bank Trust & Anor v Mints & Ors ([2023] EWCA Civ 1132)
      case law
    • R v R ([2015] EWCA Civ 796)
      case law

Matter record

Report a correction

Celestial Aviation Trading Ireland Limited and Others v Volga-Dnepr Logistics B.V. (High Court of Justice, Commercial Court, CL-2022-000249) · Matter