Feuding Russian tycoons face London court ruling
LONDON (AP) — A judge is due to rule on a multibillion-dollar legal battle waged between two Russian tycoons in a London courtroom.
Judge Elizabeth Gloster is expected to deliver a summary ruling Friday to settle the feud between 45-year-old Roman Abramovich, the billionaire Chelsea Football Club owner, and the 66-year-old self-exiled tycoon Boris Berezovsky.
Berezovsky, a former Kremlin power broker, alleges that Abramovich, who he called his protege, betrayed and intimidated him into selling his stakes in the Russian oil company Sibneft vastly beneath their value.
Berezovsky alleged blackmail and breach of contract, and is seeking more than 3 billion pounds ($4.8 billion) in damages. Abramovich denies the allegations.
Gloster has reserved judgment since the trial, the most high-profile commercial case at London's High Court in recent years, ended in January.
