The Ministry of justice of Ukraine by the decision of the High court of justice of England and Wales paid 41,79 million (1.19 million pounds) court costs, incurred by the Russian side in the dispute over the so-called credit Yanukovych. As reported by EP, the relevant information is published on the website of the use of public funds.
Portal Law 360, which specializiruetsya on the news of the trial subjects, notes that “Russia has made demands on Ukraine on legal costs totaling 2.4 million pounds.” In this case, “the parties agreed that the amount should be 50% of these costs.”
As reported, on March 29, 2017, London’s High court ordered Ukraine to pay off Eurobonds for $3 billion and to repay $75 million of interest on the debt. The court allowed Ukraine to appeal and suspended the execution of the judgment.
Ukraine in their objections indicates that the contract of borrowing concluded in December 2013 is invalid and not enforceable. Among the reasons is a violation of domestic law in the issuance of securities, as well as pressure from Russia throughout 2013, with the goal to prevent Ukraine’s signing the Association agreement with the EU, annexation of Crimea and military aggression in the Donbass.