Justice Sets Aside Russian Companies' Applications Challenging Jurisdiction

Justice Sets Aside Russian Companies' Applications Challenging Jurisdiction

LONDON - An England and Wales justice on Nov. 24 dismissed two applications filed by Russian companies that challenged the court's jurisdiction and service proceedings regarding a dispute over a loan, deciding to exercise authority under a civil procedure rule that provides for service by an alternative method or place, in relation to a cross-application filed by a French bank (BNP Paribas S.A. v. Open Joint Stock Company Russian Machines, et al., No. [2011] EWHC 308 [Comm], England and Wales High, QBD). Full story on lexis.com

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