{"id":33372,"date":"2023-05-03T23:02:42","date_gmt":"2023-05-03T23:02:42","guid":{"rendered":"http:\/\/lynettelockhart.com\/client\/despite-war-sanctions-russians\/"},"modified":"2023-05-03T23:05:24","modified_gmt":"2023-05-03T23:05:24","slug":"despite-war-sanctions-russians","status":"publish","type":"post","link":"http:\/\/lynettelockhart.com\/client\/despite-war-sanctions-russians\/","title":{"rendered":"Despite war, sanctions, Russians in London Commercial Courts reach new record -report"},"content":{"rendered":"<p>By Kirstin Ridley<\/p>\n<p>LONDON (Reuters) &#8211;     A record number of Russians have appeared in London&#8217;s Commercial Courts over the last year, despite the war in Ukraine and global sanctions, while the number of Ukrainian litigants sunk to zero, a new report showed on Thursday.<\/p>\n<p>The number of Russian litigants in Commercial Court judgments jumped by 41% to 58 in the year to March 2023, second only to 441 British litigants, the annual Commercial Courts Report by consultancy Portland Communications showed.<\/p>\n<p>London courts remain a global centre for commercial dispute resolution and have long bustled with well-heeled Russians bringing cases often rooted in a battle for wealth and influence following the fall of the Soviet Union &#8211; and providing a lucrative revenue stream for law firms.<\/p>\n<p>But many law firms cut ties with Russian clients after the invasion of Ukraine in February 2022, which could yet affect the future number of Russian litigants, the report said.<\/p>\n<p>Portland, which compiled the data from 257 judgments, said 38 Russian individuals and 19 companies were among those listed in judgments, including a case involving sanctioned Bank Otkritie and a prominent Russian businessman and his sons.<\/p>\n<p>However, no Ukrainian litigants have appeared in Commercial Court judgments since July 2021, although Ukraine ranked among the most common litigant nationalities in previous years. <\/p>\n<p>The invasion had affected Ukrainian parties&#8217; ability to access courts but, given the delay between claims being filed and judgments, it was too early to attribute the data to the war, the report said.<\/p>\n<p>Sixty percent of litigants appearing in Commercial Courts last year were from overseas &#8211; the highest proportion of international litigants ever recorded. Russians were followed by Americans, Indians and Singaporeans, the report showed.<\/p>\n<p>Susan Hawley, executive director of pressure group Spotlight on Corruption, said the data suggested it had been &#8220;business as usual&#8221; for Russian litigants.<\/p>\n<p>&#8220;It should cause the government to pause for thought about the ways in which UK courts have been a playground for foreign claimants without any real scrutiny of whether the UK should be playing host to some of these claims,&#8221; she said.<\/p>\n<p>English courts are under rising pressure from a vast backlog of cases, partly due to the pandemic, shortages of lawyers and judges and an outdated court estate.  <\/p>\n<p \/>\n<p> (Reporting by Kirstin Ridley; Editing by Sandra Maler)<\/p>\n<p><a href=\"http:\/\/lynettelockhart.com\/client\/despite-war-sanctions-russians\/file-photo-general-view-of-rolls-building-england-and-wales\/\"><img decoding=\"async\" src=\"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportWorldNews\/tagreuters.com2023binary_LYNXMPEJ420ZX-VIEWIMAGE.jpg\" alt=\"tagreuters.com2023binary_LYNXMPEJ420ZX-VIEWIMAGE\"><\/a><\/p>\n<p><a href=\"http:\/\/lynettelockhart.com\/client\/despite-war-sanctions-russians\/file-photo-general-view-of-rolls-building-england-and-wales-2\/\"><img decoding=\"async\" src=\"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportWorldNews\/tagreuters.com2023binary_LYNXMPEJ420ZW-VIEWIMAGE.jpg\" alt=\"tagreuters.com2023binary_LYNXMPEJ420ZW-VIEWIMAGE\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Kirstin Ridley LONDON (Reuters) &#8211; A record number of Russians have appeared in London&#8217;s Commercial Courts over the last year, despite the war in Ukraine and global sanctions, while the number of Ukrainian litigants sunk to zero, a new report showed on Thursday. The number of Russian litigants in Commercial Court judgments jumped by [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":33373,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[1222],"tags":[],"class_list":["post-33372","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-u-s-world-news"],"jetpack_featured_media_url":"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportWorldNews\/tagreuters.com2023binary_LYNXMPEJ420ZX-VIEWIMAGE.jpg","_links":{"self":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/33372","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/comments?post=33372"}],"version-history":[{"count":1,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/33372\/revisions"}],"predecessor-version":[{"id":33375,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/33372\/revisions\/33375"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media\/33373"}],"wp:attachment":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media?parent=33372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/categories?post=33372"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/tags?post=33372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}