The Importance of <em>VTB</em> v<em> Nutritek</em>

The Importance of VTB v Nutritek

The Lawyer
By: Justin Michaelson

In February 2013, the Supreme Court of England and Wales in the case of VTB Capital Plc v Nutritek International Corp rejected an appeal by VTB Capital Plc against the Orders of the Court of Appeal and the High Court dismissing their claim for US$330 million against Fried Frank client Marshall Capital and Mr. Konstantin Malofeev for want of jurisdiction on grounds of forum non conveniens. VTB's Worldwide Freezing Order against Mr. Malofeev was also dismissed.

This article discusses the importance of VTB Capital Plc v Nutritek International Corp and its repercussions.

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