BPL International Legal Advisors led a team of lawyers in about 25 interconnected arbitration and litigation proceedings in the UK, Cyprus, Switzerland, Germany and Russia in connection with a high-profile dispute between shareholders over control of a major oil shipment terminal.

We took over the case from the team of lawyers who worked on the case before us and secured a major break-through for our client ensuring restoring of participation of our client in corporate decisions of the holding company controlling the oil shipment terminal.

As part of the legal proceedings on the case we obtained a precedential decision of the Supreme Court of Cyprus on the effect of international sanctions on the ability of parties whose beneficiaries were subject to sanctions to take part in litigation over commercial matters.