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Blavatnik Gets $50 MLN Back From JPMorgan
28.08.2013 22:33
Blavatnik Gets $50 MLN Back From JPMorgan
Photo Credit: http://luxedb.com

Leonard Blavatnik has won a lawsuit against JPMorgan, says Vedomosti.

      It cites The Wall Street Journal as saying that according to the court's ruling, the investment bank will have to pay out $42.5 million plus a 5 percent interest on the sum for the period since 2008 for breaching the contract just ahead of the financial crisis.

      Earlier, Russia-IC reported that Blavatnik has become one of the beneficiaries of the TNK-BP sale to Rosneft. 




Author: Mikhail Vesely

Tags: Leonard Blavatnik     

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