Russia

John Gapper

For connoisseurs of acerbic rulings by judges – I still remember fondly the evisceration of Conrad Black by Leo Strine, chancellor of the Delaware chancery court, as “unreliable and evasive” – this is a red letter day.

Mrs Justice Gloster’s description of the evidence of Boris Berezovsky in his losing case against Roman Abramovich is worth savouring in full. And so, from today’s ruling, paragraph 34, here is is: Read more

John Gapper

The latest tussle between BP and the billionaire oligarchs with whom it owns BP-TNK, its Russian oil joint venture – this time over BP’s wish finally to sell out – reminds me of the controversial way in which it started.

I wrote a column in 2003 arguing that, despite all of the risks of becoming partners with AAR in Russia, BP probably ought to do it. The rewards were worth the obvious prospect of being double-crossed. Read more