Responding to a ruling from the High Court today in the case of Michael Cherney v Oleg Deripaska, a spokesman for Mr Deripaska said: “This ruling is not on the substance of the case between Mr Deripaska and Mr Cherney. Rather, it is a procedural judgment about where that case should be heard.
“We are surprised by the court's ruling that the case should be heard in Britain rather than the Russian courts, given the fact that judge accepts that Russia is an appropriate place to hear the case. We disagree with the pejorative claims made about Russian courts in the judgment. We shall be seeking leave to appeal the decision of the court, since we believe that the issues in the case fall clearly within the jurisdiction of the Russian courts.
“On the substance of the case, we vehemently reject the vexatious claims made by Mr Cherney, and look forward to setting out our case on these claims."