White & Case review the English High Court’s decision in PJSC Tatneft v Bogolyubov [2019] EWHC 1400 (Comm), where Court granted security of costs against the Claimant, finding that there was a real risk of substantial obstacles to enforcement in Russia and that it was just to make an order for security of costs, despite evidence that the Claimant had assets in Switzerland and Cyprus.
See also the review of this case by Herbert Smith Freehills