London High Court to hear Russia’s lawsuit on Ukraine’s $3bln debt in expedited procedure
Business & Economy
March 29, 2017, 12:31
Ukraine has filed an appeal against London High Court’s ruling on $3 bln sovereign debt to Russia
LONDON, March 29. /TASS/. London’s High Court has ruled to hear the case of Ukraine’s $3 billion sovereign debt to Russia in an expedited procedure, the presiding judge said on Wednesday.
The presiding judge also rejected all of Ukraine’s objections under Russia’s lawsuit.
The court has thus supported Russia’s position on the case’s expedited examination.
The Ukrainian side, on the contrary, insisted on a full-scale judicial process that would include the study of all the political aspects of the case.
Ukraine has appealed against a decision by London’s High Court to hear the case of Kiev’s $3 billion debt to Moscow in an expedited procedure, a lawyer of Quinn Emanuel Urquhart representing the defendant’s interests said.