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Boris Berezovsky agrees to pay Roman Abramovich £35m in legal fees Boris Berezovsky agrees to pay Roman Abramovich £35m in legal fees
(4 months later)
Russian oligarch Boris Berezovsky has been left with legal bills of tens of millions of pounds after losing a high court battle with Roman Abramovich, the owner of Chelsea football club.Russian oligarch Boris Berezovsky has been left with legal bills of tens of millions of pounds after losing a high court battle with Roman Abramovich, the owner of Chelsea football club.
Judge Mrs Justice Gloster dismissed a series of claims by Berezovsky – who wanted more than £3bn damages – relating to deals done in Russia.Judge Mrs Justice Gloster dismissed a series of claims by Berezovsky – who wanted more than £3bn damages – relating to deals done in Russia.
On Friday, the judge was told by lawyers that Berezovsky had agreed to pay £35m towards Abramovich's legal costs in the wake of her ruling.On Friday, the judge was told by lawyers that Berezovsky had agreed to pay £35m towards Abramovich's legal costs in the wake of her ruling.
The judge was given no details of Berezovsky's legal bill, but the Lawyer magazine said the case is thought to have generated total fees of over £100m.The judge was given no details of Berezovsky's legal bill, but the Lawyer magazine said the case is thought to have generated total fees of over £100m.
Berezovsky, 66, had sued and accused Abramovich, 45, of blackmail, breach of trust and breach of contract. He said the billionaire Russian businessman had intimidated him into selling shares in Russian oil company Sibneft at a fraction of their value and broken a promise made during a deal relating to a Russian aluminium company.Berezovsky, 66, had sued and accused Abramovich, 45, of blackmail, breach of trust and breach of contract. He said the billionaire Russian businessman had intimidated him into selling shares in Russian oil company Sibneft at a fraction of their value and broken a promise made during a deal relating to a Russian aluminium company.
Abramovich said the claims had "no merit".Abramovich said the claims had "no merit".
Mrs Justice Gloster ruled in Abramovich's favour in August following a trial - staged in London between October 2011 and January 2012 - at which both men gave evidence.Mrs Justice Gloster ruled in Abramovich's favour in August following a trial - staged in London between October 2011 and January 2012 - at which both men gave evidence.
After giving her verdict, the judge described Berezovsky as an "unimpressive, and inherently unreliable, witness" while Abramovich was "truthful, and on the whole reliable".After giving her verdict, the judge described Berezovsky as an "unimpressive, and inherently unreliable, witness" while Abramovich was "truthful, and on the whole reliable".
The judge was also told on Friday that Berezovsky had decided not to appeal against her ruling.The judge was also told on Friday that Berezovsky had decided not to appeal against her ruling.
Neither Berezovsky, who settled in England more than a decade ago after going into "self-imposed exile", nor Abramovich were at the hearing.Neither Berezovsky, who settled in England more than a decade ago after going into "self-imposed exile", nor Abramovich were at the hearing.
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