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United Kingdom indemnity basisfraud

JSC Commercial Bank PrivatBank v Kolomoisky & others

[2025] EWHC 2909 (Ch)
JurisdictionUnited Kingdom
CourtHigh Court of Justice (Chancery Division)
Year2025
StatusPersuasive authority

Key Principle

Following a finding of large-scale fraud, a court will award costs on the indemnity basis where the defendants' conduct takes the case out of the norm — including defences built on deliberate falsehoods, serious disclosure failures, refusal to give evidence, belated changes of case and breaches of expert-evidence duties under CPR Part 35.

Area of Law

commercial

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