Court of Appeal dismisses appeal in Navigator Equities Ltd & Vladimir Chernukhin v Oleg Deripaska

The Court of Appeal’s judgment in Navigator Equities Ltd v Deripaska [2024] EWCA 268 (Civ) was handed down earlier this week. The claimants brought an application seeking to commit the defendant for breach of an undertaking he had given to the court. At a trial in March 2023 HHJ Pelling KC, sitting in the Commercial Court, dismissed the application. The Court of Appeal dismissed the claimants’ appeal, emphasising the need to focus on the breach as actually alleged in the application notice and the importance of procedural fairness when a defendant is facing a committal application.

Thomas Grant KC and Caley Wright (Maitland Chambers) acted for the Respondent and were instructed by Mark Hastings, Abigail Healey and James Clark of Quillon Law LLP.

Thomas Grant KC acted for the successful Respondent.

Read the judgment