CL-2022-000456 - [2025] EWHC 1938 (Comm)

It seems that, at some point in late 2022 or early 2023 (but probably on or shortly after 16 December 2022), the 10% shareholding in EuroChem AG that had been held by MCC EuroChem was transferred back to EuroChem AG. This took place in the context of a series of other group structural changes going well beyond the ownership merely of the two Claimants, i.e. EuroChem NW2 and EuroChem AG (and, therefore, not apparent from Appendix 1). I discuss these other group structural changes in Section XVII below.