Agrofirma Oniks LLC & Anor v ABH Ukraine Limited & Ors

Agrofirma Oniks LLC & Anor v ABH Ukraine Limited & Ors

The Claimants face a real problem in transferring funds due to sanctions, not of their own making, but should have addressed it earlier; an extension is granted to 14 August 2025 for provision of security, with increased amount to reflect additional costs incurred by the Defendants.

Parties
Claimant: Agrofirma Oniks LLC; Claimant: Agro UG V LLC; Defendant: ABH Ukraine Limited; Defendant: EMIS Finance BV; Defendant: Mr Mikhal Friedman; Defendant: Sense Bank (formerly PJSC Alfa Bank Ukraine Ltd)
Jurisdiction
England and Wales
Judgment Date
31 July 2025
Procedural Posture
Commercial Court Application / Interlocutory Application for Extension of Time to Provide Security for Costs
Outcome
Extension of time to provide security for costs granted; amount of security increased.
Legal Topics
Security for Costs, Extension of Time, Jurisdiction Challenge, Sanctions
Civil Procedure Security for Costs Extension of Time Jurisdiction Challenge Sanctions

Case Brief

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Parties

Agrofirma Oniks LLC

Claimant

Agro UG V LLC

Claimant

ABH Ukraine Limited

Defendant

EMIS Finance BV

Defendant

Mr Mikhal Friedman

Defendant

Sense Bank (formerly PJSC Alfa Bank Ukraine Ltd)

Defendant

Procedural Posture

Commercial Court Application / Interlocutory Application for Extension of Time to Provide Security for Costs

Legal Issues

  1. 1 Whether the Claimants should be granted an extension of time to provide security for costs
  2. 2 Whether the Claimants' inability to transfer funds due to sanctions justifies the extension
  3. 3 Whether the amount of security should be increased to reflect additional costs

Ratio Decidendi

The Claimants face a real problem in transferring funds due to sanctions, not of their own making, but should have addressed it earlier; an extension is granted to 14 August 2025 for provision of security, with increased amount to reflect additional costs incurred by the Defendants.

Court Disposition

Extension of time to provide security for costs granted; amount of security increased.

Orders

  • Claimants to provide security for costs by 16:30 on 14 August 2025 in the amount of £290,000 each (£580,000 total), paid to Fieldfisher and held subject to undertaking.
  • Claimants to serve evidence by 14:00 on 15 August 2025.