Bedzhamov & Ors Re Vneshprombank LLC [2019] EWHC 1430 (Ch) (22 May 2019)

Bedzhamov & Ors Re Vneshprombank LLC [2019] EWHC 1430 (Ch) (22 May 2019)

The application for a further extension was refused because the first defendant and his advisers had been aware of the scale of the task for nearly two months, had already obtained a previous extension, and did not act promptly upon learning of the delay in the share sale. The continued uncertainty would prejudice the claimant, and the application was considered an unreasonable second attempt rather than a prompt response to new difficulties.

Citation
[2019] EWHC 1430 (Ch)
Parties
Claimant: Vneshprombank LLC; First Defendant / Applicant: Georgy Bedzhamov
Jurisdiction
England and Wales
Judgment Date
22 May 2019
Procedural Posture
Interlocutory Application in Civil Proceedings / Application for Extension of Time to Apply to Set Aside or Vary Freezing and Search Orders
Outcome
Application for extension of time refused
Legal Topics
Extension of Time, Freezing Order, Search Order, Interlocutory Applications
Civil Procedure Extension of Time Freezing Order Search Order Interlocutory Applications

Case Brief

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Parties

Vneshprombank LLC

Claimant

Georgy Bedzhamov

First Defendant / Applicant

Procedural Posture

Interlocutory Application in Civil Proceedings / Application for Extension of Time to Apply to Set Aside or Vary Freezing and Search Orders

Legal Issues

  1. 1 Whether the first defendant should be granted a further extension of time to apply to set aside or vary a freezing order and search order

Ratio Decidendi

The application for a further extension was refused because the first defendant and his advisers had been aware of the scale of the task for nearly two months, had already obtained a previous extension, and did not act promptly upon learning of the delay in the share sale. The continued uncertainty would prejudice the claimant, and the application was considered an unreasonable second attempt rather than a prompt response to new difficulties.

Court Disposition

Application for extension of time refused

Orders

  • Application for extension of time to apply to set aside or vary freezing and search orders is refused