Verlox International Limited & Anor v Igor Antoshin & Ors

Verlox International Limited & Anor v Igor Antoshin & Ors

There is no legal, factual, or procedural basis to revise the judgment handed down on 25 October 2022. The First and Fourth Defendants are entitled to their costs, on a standard basis up to 1 September 2021 and on an indemnity basis thereafter, due to the Claimants' conduct being 'out of the norm'. Permission to appeal is refused.

Parties
Claimant: Verlox International Limited; Claimant: Igor Sychev; Defendant: Igor Antoshin; Defendant: Parmas Corporation; Defendant: Avec Limited; Defendant: PJSC PhosAgro; Defendant: Andrey Girgoryevich Guryev
Jurisdiction
England and Wales
Judgment Date
09 December 2022
Procedural Posture
Commercial Court Proceedings / Judgment on Consequentials Following Refusal of Amendment Application and Revocation of Leave to Serve Out
Outcome
Applications by Claimants refused; costs awarded to First and Fourth Defendants; permission to appeal refused.
Legal Topics
Security for Costs, Amendment of Claim, Jurisdiction, Costs Orders, Permission to Appeal
Civil Procedure Commercial Law Security for Costs Amendment of Claim Jurisdiction Costs Orders Permission to Appeal

Case Brief

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Parties

Verlox International Limited

Claimant

Igor Sychev

Claimant

Igor Antoshin

Defendant

Parmas Corporation

Defendant

Avec Limited

Defendant

PJSC PhosAgro

Defendant

Andrey Girgoryevich Guryev

Defendant

Procedural Posture

Commercial Court Proceedings / Judgment on Consequentials Following Refusal of Amendment Application and Revocation of Leave to Serve Out

Legal Issues

  1. 1 Whether the judgment handed down on 25 October 2022 should be revised or reopened
  2. 2 Whether the First and Fourth Defendants are entitled to costs and on what basis
  3. 3 Whether permission to appeal should be granted

Ratio Decidendi

There is no legal, factual, or procedural basis to revise the judgment handed down on 25 October 2022. The First and Fourth Defendants are entitled to their costs, on a standard basis up to 1 September 2021 and on an indemnity basis thereafter, due to the Claimants' conduct being 'out of the norm'. Permission to appeal is refused.

Court Disposition

Applications by Claimants refused; costs awarded to First and Fourth Defendants; permission to appeal refused.

Orders

  • Costs to First and Fourth Defendants against both Claimants: standard basis up to 1 September 2021, indemnity basis thereafter, subject to detailed assessment.
  • Interim payment to Fourth Defendant (PJSC PhosAgro): £644,787.94.