NOVOSHIP (UK) LIMITED & ORSV
1. YURI NIKITIN 2. AMON INTERNATIONAL INC 3. HENRIOT FINANCE LIMITED
Mr Mikhaylyuk (M), a manager for the first respondent, NOUK, with responsibility for negotiating the charters of vessels owned by companies within the Novoship group, the remaining respondents, owed fiduciary duties to all the respondents. M had arranged a series of schemes by which he defrauded his principals and enriched himself and others by the payment of bribes given to him by those who chartered his principals’ vessels. These schemes included one concerning vessels chartered to companies owned and controlled by Mr Ruperti (R) which R then sub-chartered at substantially higher rates. M required R, as a price for obtaining those charters, to make substantial payments of bribes to himself and to a company called Amon International (Amon), the second appellant, which was owned and controlled by Mr Nikitin (N), the first appellant. Contemporaneously, M arranged charters of other vessels to Henriot Finance Limited (Henriot), the third appellant, another company owned and controlled by N.
Counsel Mr Steven Berry QC and Mr Nathan Pillow (Essex Court Chambers, 24 Lincoln’s Inn Fields, London WC2A 3EG, tel 020 7813 8000, e-mail firstname.lastname@example.org) instructed by Lax & Co LLP (78 Cornhill, London EC3V 3QQ, tel 020 7623 9432) for the appellants.
Mr Michael Brindle QC (Fountain Court Chambers, Temple, London EC4Y 9DH, tel 020 7583 3335, e-mail email@example.com), Mr Dominic Dowley QC (Serle Court, 6 New Square, Lincoln’s Inn, London WC2A 3QS, tel 020 7242 6105, e-mail firstname.lastname@example.org), Mr Charles Dougherty QC (2 Temple Gardens, Temple, London EC4Y 9AY, tel 020 7822 1200, e-mail email@example.com) and Ms L Crowley instructed by Ince & Co LLP (International House, 1 St Katharine’s Way, London E1W 1AY, tel 020 7481 0010) for the respondents.