09 Aug 2022
DiamondWorld Directory
Home |
Gaydamak looses lawsuit against Leviev
British High Court in London rejects the lawsuit
By: Diamond World News Service
Apr 17 2014 6:16PM
Reference: 9041  

In the $2 billion lawsuit between Russian-Israeli businessman Arkady Gaydamak and his former business partner Lev Leviev, Gaydamak has lost the legal battle, reports say. The British High Court in London rejected the lawsuit, reports add.

The lawsuit has continued over years. It pertained to profit sharing from diamond mining in Angola. Following an agreement between the two entities, Leviev was to pay Gaydamak thousands of dollars, which he stopped since 2005, reports say. Also, Gaydamak had claimed to agree to end his partnership with Leviev in exchange for financial compensation, a passport and diplomatic immunity, but the latter was not fulfilled, while Leviev denied signing an agreement, reports add.

Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet
Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
*  Company:
*  Name:
*  Mobile:
*  Email:
Subscribe for DiamondWorld weekly Newsletter
Search News by City
Recent Issue
News in Pictures
Young Diamantaires
Pictures: 16
Stunning Jewellery from Cannes 2019
Pictures: 24
Sparkly Jewels at Oscars 2019
Pictures: 19
Golden Globes 2018
Pictures: 15
Spotted: Who Wore What (December 2018)
Pictures: 4
India Diamond Week
Pictures: 8
Spotted: Who Wore What (October 2018)
Pictures: 7
Spotted: Who Wore What (September 2018)
Pictures: 6
70th Emmy Awards
Pictures: 11
35th India International Jewellery Show 2018
Pictures: 46
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 31218
Diamond World Expert Hour with Evgeny Agureev, Deputy CEO, ALROSA
Views: 8519
GJEPC Chairman Interview
Views: 27413
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 38175
Promo for IJ Awards 2012 at NDTV Profit
Views: 55953
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 67504
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 21279
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 49886
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 51607
Member of:
Supporter of: