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Contact with chambers should be made through the Practice Management Team. They are happy to discuss client requirements and provide further information on such matters as the expertise and experience of individual members, fees, working practices and languages spoken. We have members able to work in French, German, Italian, Spanish, Dutch, Swedish, Greek and Chinese (Mandarin).

Outside working hours, a member of our team is always available to be contacted on matters of an urgent nature. Contact should be made using the Chambers main number or email.

To contact our Singapore office, please contact our BD Director, Asia, Rachel Foxton. Out of office hours calls will automatically be diverted to our clerking team in London.

London

20 Essex Street
London
WC2R 3AL

enquiries@twentyessex.com
t: +44 20 7842 1200
DX 0009 Lond/Chan Lane

Singapore

28 Maxwell Road
#02-03
Maxwell Chambers Suites
Singapore 069120

singapore@twentyessex.com
t: +65 62257230

Contact

Contact with chambers should be made through the Practice Management Team. They are happy to discuss client requirements and provide further information on such matters as the expertise and experience of individual members, fees, working practices and languages spoken. We have members able to work in French, German, Italian, Spanish, Dutch, Swedish, Greek and Chinese (Mandarin).

Outside working hours, a member of our team is always available to be contacted on matters of an urgent nature. Contact should be made using the Chambers main number or email.

To contact our Singapore office, please contact our BD Director, Asia, Rachel Foxton. Out of office hours calls will automatically be diverted to our clerking team in London.

London

20 Essex Street
London
WC2R 3AL

enquiries@twentyessex.com
t: +44 20 7842 1200
DX 0009 Lond/Chan Lane

Singapore

28 Maxwell Road
#02-03
Maxwell Chambers Suites
Singapore 069120

singapore@twentyessex.com
t: +65 62257230

27/02/2017

JSC Alfa-Bank v Reznik (Commercial Court)

This is an archived article, and some links may not work. Contact us if you have any questions.

Josephine Davies obtained complete remission of the 18 month prison sentence imposed for contempt of court resulting from breaches of a worldwide freezing order.  It is thought to be the first case were complete remission has been granted where opposed.

Mr Reznik (the Defendant) was subject to a worldwide freezing order in support of an LCIA arbitration.  He failed to comply with the asset disclosure requirements.  He then failed to attend the committal hearing which took place, on the bank’s application, before Popplewell J in August 2016.  Popplewell J imposed a custodial sentence of 18 months [2016] EWHC B21 (Comm).   In the event, remaining overseas, the Defendant did not serve any part of that sentence.

The Defendant belatedly complied with the asset disclosure requirements and apologised to the court.  He applied to purge his contempt.  Despite the Defendant’s absence from court, Miss Davies was able to persuade Knowles J that this was a proper case for remission in full.   The judge described the case as “exceptional”.

The court thus rejected the Claimant’s argument that the Defendant must spend time in prison in order to be punished.  The court had particular regard to the Defendant’s compliance, the absence of any apparent asset dissipation, the reputational damage to him and his conduct which evidenced the sincerity of his apology.

Extempore judgment on 24 February 2017, transcript pending.

 


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