Pleshakov v. Sky Stream Corporation and others

Walkers acted for Alexander Pleshakov.

The Privy Council has granted the appeal brought by Mr Alexander Pleshakov. 

The appeal concerned the beneficial ownership of shares in Sky Stream Corporation, a BVI company, which had been used to hold substantial assets. In its judgment, the Privy Council disagreed with the Court of Appeal’s view that the Commercial Court Judge had committed a fundamental error in evaluating the facts of the case. The Board determined that whilst the Court of Appeal might have come to different conclusions if they had heard the case at trial, as they did not, the Court of Appeal could not interfere with the findings and conclusions reached at trial. The Board emphasized the need for an appellate court to exercise great caution before interfering with factual and evaluative decisions made by a trial judge and the judgment serves as a reminder to appellate courts not to interfere with findings of fact unless they are compelled to do so.

Oliver Clifton (Picture), Cate Barbour, and Yegâne Güley of Walkers acted for Mr Pleshakov and instructed Robert Levy QC and Daniel Warents of XXIV Old Buildings and David Miles and Linda Baird of Blake Morgan.   
 

 

Involved fees earner: Cate Barbour – Walkers Global; Oliver Clifton – Walkers Global; Yegâne Güley – Walkers Global;

Law Firms: Walkers Global;

Clients: Pleshakov Alexander;