Balk v Otkritie International Investment Management Ltd & Ors

Balk v Otkritie International Investment Management Ltd & Ors

Ms Balk's appeal was dismissed because her arguments on valuation were outside the scope of her limited permission to appeal, and the respondents had offered to give her credit for all sums within the scope of her appeal, rendering the appeal futile.

Parties
Appellant (4th Defendant): Yulia Balk; Respondents (claimants): Otkritie International Investment Management Ltd and Others
Jurisdiction
England and Wales
Judgment Date
10 March 2017
Procedural Posture
Civil Appeal / Appeal From Judgment on Consequential Matters
Outcome
Appeal dismissed
Legal Topics
Credit for Recoveries, Appropriation of Recoveries, Dishonest Assistance, Knowing Receipt, Procuring Breach of Contract

Case Brief

Summary, issues, holding and outcome

More case intelligence is available

Unlock the full research layer for this judgment.

Full judgment text Downloadable case file Legal principles 3 Authorities cited 4 Party arguments 2 Amounts and remedies 4
Sign in to unlock

Parties

Yulia Balk

Appellant (4th Defendant)

Otkritie International Investment Management Ltd and Others

Respondents (claimants)

Procedural Posture

Civil Appeal / Appeal From Judgment on Consequential Matters

  1. 1 Whether Ms Balk should be given credit for certain sums recovered by the claimants in respect of proprietary claims against her
  2. 2 Whether Ms Balk could challenge the valuation of the Avenue Road property for the purposes of credit

Ratio Decidendi

Ms Balk's appeal was dismissed because her arguments on valuation were outside the scope of her limited permission to appeal, and the respondents had offered to give her credit for all sums within the scope of her appeal, rendering the appeal futile.

Court Disposition

Appeal dismissed

Orders

  • Ms Balk’s appeal is dismissed.