United Kingdom ownership and controldeclaratory reliefcross border

Vneshprombank LLC v Bedzhamov

[2024] EWHC 1048 (Ch)

JurisdictionUnited Kingdom

CourtHigh Court of Justice, Chancery Division

Year2024

StatusPersuasive authority

Key Principle

The asset-freeze prohibitions under the Russia (Sanctions) (EU Exit) Regulations 2019 are engaged only where it is established as a matter of fact that an entity is owned or controlled by a designated person; a mere 'reasonable cause to suspect' such ownership or control is not the correct test for triggering the prohibition.

Area of Law

General

Related Cases

TNLC & Anor v Gambling Commission & Ors [2026] EWHC 891 (TCC)

Aabar Holdings S.A.R.L. and others v Glencore Plc and others [2026] EWHC 877 (Comm)

Waterside Class Limited v Mowi ASA & Ors [2026] CAT 32

Ask CommonBench about this case

Get a detailed analysis of Vneshprombank LLC v Bedzhamov and how it applies to your situation.

Explain Vneshprombank LLC v Bedzhamov