VTB Bank PJSC v Mejlumyan 2021 EWHC 718 Comm - 25 March 2021
Country
Year
2021
Summary
There are two applications before the court. The first is an application by the Claimant, VTB Bank (PJSC), a Russian bank ("VTB"), for an anti-suit injunction against Mr Valeri Dzhanibekovich Mejlumyan ("Mr Mejlumyan"), an Armenian businessman. The application is made on the basis of proceedings begun by Mr Mejlumyan in the courts of Armenia which VTB claims is in breach of a London arbitration clause in a share pledge agreement. The second is an application made on behalf of Mr Mejlumyan to adjourn the hearing to a date to be fixed in a few weeks' time on the ground that his present ill health prevents him from giving effective instructions.