VTB Bank (PJSC) v Mejlumyan

VTB Bank (PJSC) v Mejlumyan

The hearing of the anti-suit injunction application should be adjourned to allow the respondent to participate fully due to his ill health. Interim anti-suit relief should be granted to 'hold the ring' pending the full hearing, with suitable safeguards to prevent prejudice to the respondent.

Parties
Claimant/applicant: VTB Bank (PJSC); Defendant/respondent: Valeri Dzhanibekovich Mejlumyan
Jurisdiction
England and Wales
Judgment Date
25 March 2021
Procedural Posture
Arbitration Claim / Interlocutory Application for Anti Suit Injunction and Adjournment
Outcome
Adjournment granted; interim anti-suit injunction ordered pending full hearing
Legal Topics
Anti Suit Injunction, Jurisdiction, Arbitration Agreement, Adjournment, Interim Relief
Arbitration Commercial Law Anti Suit Injunction Jurisdiction Arbitration Agreement Adjournment Interim Relief

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Parties

VTB Bank (PJSC)

Claimant/applicant

Valeri Dzhanibekovich Mejlumyan

Defendant/respondent

Procedural Posture

Arbitration Claim / Interlocutory Application for Anti Suit Injunction and Adjournment

Legal Issues

  1. 1 Whether to grant an anti-suit injunction restraining Armenian court proceedings in breach of a London arbitration clause
  2. 2 Whether to adjourn the anti-suit injunction hearing due to the respondent's ill health
  3. 3 Whether interim 'hold the ring' relief should be granted pending a full hearing

Ratio Decidendi

The hearing of the anti-suit injunction application should be adjourned to allow the respondent to participate fully due to his ill health. Interim anti-suit relief should be granted to 'hold the ring' pending the full hearing, with suitable safeguards to prevent prejudice to the respondent.

Court Disposition

Adjournment granted; interim anti-suit injunction ordered pending full hearing

Orders

  • Hearing of anti-suit injunction application adjourned to earliest available date after 12 April 2021
  • Respondent to file evidence by 31 March 2021; applicant to reply by 7 April 2021