JSC Mezhdunarodniy Promyshlenniy Bank & Anor v Pugachev & Ors

JSC Mezhdunarodniy Promyshlenniy Bank & Anor v Pugachev & Ors

The increase in the costs budget is justified because the trial has been extended, additional work is necessary, and the costs are reasonable and proportionate.

Source-derived case information.

Parties
Claimant: JSCMEZHDUNARODNIY PROMYSHLENNIY BANK; Claimant: STATE CORPORATION "DEPOSIT INSURANCE AGENCY"; Defendant: SERGEI VICTOROVICH PUGACHEV; Defendant: KEA TRUST COMPANY LIMITED; Defendant: FINETREE COMPANY LIMITED; Defendant: BRAMERTON COMPANY LIMITED; Defendant: BLUERING COMPANY LIMITED; Defendant: MARU LIMITED; Defendant: HAPORI LIMITED; Defendant: MIHARO LIMITED; Defendant: AROTAU LIMITED; Defendant: LUXURY CONSULTING LIMITED; Defendant: VICTOR PUGACHEV; Defendant: ALEXIS SERGEEVICH PUGACHEV; Defendant: IVAN SERGEEVICH PUGACHEV; Defendant: MARIA SERGEEVNA PUGACHEV
Jurisdiction
England and Wales
Judgment Date
13 July 2017
Procedural Posture
Civil / Costs Budget Application
Outcome
application granted
Legal Topics
Costs Budgeting, Trial Management
Civil Procedure Costs Budgeting Trial Management

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Parties

JSCMEZHDUNARODNIY PROMYSHLENNIY BANK

Claimant

STATE CORPORATION "DEPOSIT INSURANCE AGENCY"

Claimant

SERGEI VICTOROVICH PUGACHEV

Defendant

KEA TRUST COMPANY LIMITED

Defendant

FINETREE COMPANY LIMITED

Defendant

BRAMERTON COMPANY LIMITED

Defendant

BLUERING COMPANY LIMITED

Defendant

MARU LIMITED

Defendant

HAPORI LIMITED

Defendant

MIHARO LIMITED

Defendant

AROTAU LIMITED

Defendant

LUXURY CONSULTING LIMITED

Defendant

VICTOR PUGACHEV

Defendant

ALEXIS SERGEEVICH PUGACHEV

Defendant

IVAN SERGEEVICH PUGACHEV

Defendant

MARIA SERGEEVNA PUGACHEV

Defendant

Procedural Posture

Civil / Costs Budget Application

Legal Issues

  1. 1 Whether to approve an increase in the costs budget for the infant children due to the extended trial length

Ratio Decidendi

The increase in the costs budget is justified because the trial has been extended, additional work is necessary, and the costs are reasonable and proportionate.

Court Disposition

application granted

Orders

  • The increase in the costs budget for the infant children in the sum sought (£84,000) is approved.