Bryan Cave Combines with Berwin Leighton Paisner to Form Bryan Cave Leighton Paisner LLP Learn More

Bryan Cave was noted Jan. 5 in the Financial Times for representation of Konstantin Kagalovsky, who launched TVi in Ukraine in 2008. TVi was the only independent TV station in Ukraine and was highly regarded in the region. This ended in April 2012, when a “corporate raid” saw Ukrainian-American businessman Alexander Altman take control of the station from Kagalovsky and change the station’s editorial stance. At issue is the claim that Altman played a “central part” in the raid in 2013 that stripped Kagalovsky of control over TVi. A High Court judge recently found Altman in contempt of court for breaching court orders in the legal battle, and he is likely to face a jail term in England later this month when sentenced. London Partner Robert Dougans was quoted on this topic Dec. 21 by Private Eye, saying that despite the judgment there was no guarantee the Ukrainian courts would hand TVi back. “One of the reasons why people are on the streets in Kiev is because shady operators in and out of government can commit frauds and no one does anything about it,” he said. Dougans went on to observe that lax company law regulation in England allows fraudsters to employ UK shell companies when hiding assets, and that he had proved able to register his cat as a company director without any difficulty when illustrating the problem to the court.