Anti-suit injunction: conditions for grant

The lengthy decision of Males J in Nori Holdings Ltd and Others v Public Joint-Stock Company Bank Otkritie Financial Corporation [2018] EWHC 1343 (Comm) addresses a series of important issues affecting the grant of anti-suit injunctions by the English courts. The two most important relate to insolvency and to the availability of such relief where the judicial proceedings are brought elsewere in the EU.

Nori Holdings : the facts