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Legal Update

Tort of conspiracy and jurisdiction: Supreme Court of the United Kingdom clarifies legal principles in JSC BTA Bank (Respondent) v Khrapunov (Appellant)

4 April 2018
Mayer Brown Legal Update
In JSC BTA Bank (Respondent) v Khrapunov (Appellant), the Supreme Court found that Mr Khrapunov’s actions, namely entering into and acting upon an agreement to assist his father-in-law Mr Ablyazov to dissipate and conceal Mr Ablyazov's assets in contempt of court, constituted the tort of conspiracy to cause financial loss to BTA Bank by unlawful means. The Court also held that it had jurisdiction since the conspiratorial agreement, which was the harmful event setting the tort of conspiracy in motion, happened in England.


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