Tatneft highlights hazards of short limitation periods

Leigh Crestohl is a partner at law firm Zaiwalla & Co (https://zaiwalla.co.uk ) where he advises across a broad range of commercial disputes.

A high-stakes wrangle in the English courts between Russian and Ukrainian protagonists illustrates how a successful limitation case may allow a defendant to commit “the perfect fraud”. The victim must move quickly and weigh the risks of acting on a still imperfect evidential picture against the possibility of a time bar, writes Leigh Crestohl of Zaiwalla & Co.