Russian oligarch Abramovich wins London court case

Associated Press
FILE  This Tuesday, Oct. 4, 2011 file photo shows the owner of England's Chelsea Football Club, Russian tycoon Roman Abramovich as he leaves court in London.  Russian businessmen  Roman Abramovich and Boris Berezovsky. rose to riches together in the chaotic years of post-Soviet Russia and then became archenemies and a British judge will soon rule on which oligarch will defeat the other in a multi-billion-dollar court battle. After a seven-month delay, Judge Elizabeth Gloster  is expect to deliver a summary ruling Friday Aug. 31, 2012 to settle the legal feud between Roman Abramovich, the billionaire Chelsea Football Club owner, and self-exiled tycoon Boris Berezovsky.  (AP Photo/Lefteris Pitarakis, File)
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LONDON (AP) — Russian tycoon Roman Abramovich has won a multibillion-dollar legal battle against another Russian oligarch in a London courtroom.

Judge Elizabeth Gloster ruled that the 45-year-old Abramovich was the more reliable witness in his long-running feud with the 66-year-old self-exiled tycoon Boris Berezovsky.

Berezovsky, a former Kremlin power broker, alleged 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 was seeking more than 3 billion pounds ($4.8 billion) in damages.

Abramovich had denied the allegations.

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