Russia's VTB Wins Ban On Mine Operator's Armenian Suit

Law360, London (May 25, 2021, 5:22 PM BST) -- A London court blocked an Armenian businessman from pursuing proceedings in the High Court against Russia-based VTB Bank PJSC in his home country on Tuesday, after the lender said that dealings between them over a $283 million loan should be decided under English arbitration.

High Court Judge Andrew Butcher approved an anti-suit injunction against Valeri Mejlumyan to stop lawsuits against VTB in an Armenian court. Mejlumyan is trying to terminate a share pledge agreement between the two sides that stipulates that disputes would be arbitrated in London.

Judge Butcher said he was not persuaded by any of the three arguments put...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!