The oligarch at the centre of the controversy around Aughinish Alumina, Rusal and its links to Russia failed in a recent bid in the European courts to overturn sanctions against him.
The sanctioned oligarch and Rusal are facing a new lawsuit in the UK by other shareholders hit by sanctions. It’s the latest in a series of disputes among them running more than a decade.
Rusal and its sanctioned shareholder Oleg Deripaska are no strangers to courtrooms in several countries, from Jersey to Qatar and Russia to Australia.
An offshoot of Rusal, the parent company of Aughinish Alumina, is suing the Irish subsidiary of the Russian GTLK group for $20 million arising from the breakdown of a shipping deal, seemingly as a result of western sanctions.
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