United Kingdom unlawful means conspiracyunjust enrichmentrome ii

PrivatBank v Kolomoisky & Ors

[2025] EWHC 1987 (Ch)

JurisdictionUnited Kingdom

CourtHigh Court of Justice, Business and Property Courts, Chancery Division (Mr Justice Trower)

Year2025

StatusBinding authority

Key Principle

Controllers of a bank who orchestrate the extraction of funds through sham loans to a network of shell companies they own or control are jointly and severally liable to compensate the bank for the resulting loss, with the substantive claims (including unjust enrichment) governed by the applicable foreign law under Rome II.

Area of Law

General

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