Heading

Royal Courts of Justice, Rolls Building
Fetter Lane, London, EC4A 1NL
Before :
HIS HONOUR JUDGE PELLING KC
SITTING AS A JUDGE OF THE HIGH COURT
Between :
THE KINGDOM OF SWEDEN | Claimant |
- and – | |
(1) MAX EMIL SERWIN (formerly known as EMIL AMIR INGMANSON) (2) MARK BISHOP (3) AFRAM GERGEO (4) ULF ROLAND DECKMARK (5) JOHN ANTHONY FARRELL (6) BARBAROS ÖKTEN (8) LAMINA LIMITED (formerly known as SOLID VENTURE CAPITAL LIMITED (MALTA)) (9) OPTIMUS SOCIALLY RESPONSIBLE INVESTMENTS (10) ENERGY EVERYTHING INVESTMENTS PLC (11) BOARDWALK CO LIMITED (12) GERGEO HOLDING AB (14) WEREL OY | Defendants |
Aidan Casey KC and Charlotte Thomas (instructed by Greenberg Traurig, LLP) for the Claimant
The 1st, 6th, 9th, 10th and 12th to 13th Defendants did not appear and were not represented.
Hearing date: 9. 11 and 13 June 2025
Approved Judgment
This judgment was handed down remotely at 10.30am on 08/07/25 by circulation to the parties or their representatives by e-mail and by release to the National Archives.
- Heading
- HH Judge Pelling KC
- Background
- Parties Against Whom Judgment is Sought
- Mr Barbaros Ökten – 6 th Defendant
- 9 th -10 th and 12 th -13 th Defendants
- Issues For Determination
- Optimus Phase – The Interest Issue
- The Lex Causae Applicable to the Falcon Phase Claim
- The Reflective Loss Issue
- The Liability and Quantum Issues
- Solid Venture P2P ETI
- Boardwalk Real Estate ETI
- The WSV Pro Mittelstand ETI
- The Reditum Bond
- The Nordic Power ETI
- The Median Trust and Viceroy Industrials Bonds
- The Other Investments
- EFG International Finance Guernsey Ltd (ISIN: CH0273395175)
- EFG International Finance Guernsey Ltd (ISIN: CH0266746608))
- Notenstein Finance (Guernsey) Limited (ISIN: CH0274762357)
- Liability and Quantum
- Proprietary Remedy Declaration
- Conclusions
![CL-2020-000117 - [2025] EWHC 1620 (Comm)](https://backend.juristeca.com/files/emisores/logo_WAai98v.png)