CA-2025-000525 - [2025] EWCA Civ 1307

ON APPEAL FROM THE HIGH COURT OF JUSTICE

BUSINESS AND PROPERTY COURTS OF ENGLAND AND WALES

COMMERCIAL COURT (KBD)

MR JUSTICE WAKSMAN

CL-2017-000583; CL-2019-000644

Royal Courts of Justice

Strand, London, WC2A 2LL

Before:

LORD JUSTICE PHILLIPS

LORD JUSTICE NUGEE
and

LORD JUSTICE JEREMY BAKER

Between:

EURASIAN NATURAL RESOURCES

CORPORATION LIMITED

Appellant

Claimant (2017 and 2019 Claims)

- and -

(1) DECHERT LLP

(2) DAVID NEIL GERRARD

Respondents

Defendants (2017 Claim)

Part 20 Claimants (2017 Claim)

Part 20 Defendants (2019 Claim)

(3) THE DIRECTOR OF THE SERIOUS FRAUD OFFICE

Respondent

Defendant (2019 Claim)

Part 20 Defendant (2017 Claim)

Part 20 Claimant (2019 Claim)

Nathan Pillow KC, Alyssa Stansbury and Ben Cartwright (instructed by Hogan Lovells International LLP) for the Appellant

Richard Millett KC (instructed by Clyde & Co) for the 1^st Respondent

Jonathan Hough KC, Tom Richards KC and George Molyneaux

(instructed by Eversheds Sutherland (International) LLP) for the 3^rd Respondent

Hearing date: 16 July 2025

Approved Judgment

This judgment was handed down remotely at 2 pm on 16 October 2025 by circulation to the parties or their representatives by e-mail and by release to the National Archives.

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