Former PrivatBank owner Ihor Kolomoisky, who has been in custody for nearly two years, plans to appeal a ruling by the High Court of London in favor of PrivatBank in its lawsuit against its former owners and affiliated companies. The decision, which was reached after prolonged legal battles, has raised questions about the future of the bank’s assets and the potential for further litigation.
PrivatBank, once a major player in Ukraine’s financial sector, has been at the center of various legal disputes following a government-backed takeover in 2016. The court’s ruling in favor of the bank has been viewed by some as a victory for the state’s efforts to reclaim control of the institution, while others see it as a setback for Kolomoisky’s legal strategy.
Kolomoisky’s appeal is expected to focus on the procedural aspects of the case, potentially challenging the court’s interpretation of certain legal precedents. Legal experts suggest that the outcome of this appeal could have far-reaching consequences for the Ukrainian financial sector and the broader legal landscape in the country.