Posts Tagged ‘frances gibb’

October 2013

Libel tourism dealt blow as Russian case is thrown out

The Times

Libel tourism suffered a serious setback yesterday when a judge threw out a claim by a Russian against a British-based fund manager.

Bill Browder, who successfully led a campaign for sanctions against Russians involved in a $230 million fraud, had been accused by Pavel Karpov, 36, of ruining his reputation.

Mr Browder had alleged that the Russian was behind a large-scale fraud on the Russian taxpayer and linked to the death of Sergei Magnitsky, an anti-corruption activist.

The case has been described as one of the worst examples of libel tourism, in which foreign nationals with little connection to Britain make use of the High Court to settle disputes.

Striking out the action yesterday, Mr Justice Simon said: “The claimant’s connection with this country is exiguous.” Russia, he added, was “the natural forum” for the litigation.

Mr Karpov, a former policeman, was trying to sue over allegations on a campaigning website run by Mr Browder, 49, the chief executive of Hermitage Capital Management. Mr Browder has become a hate figure within the Russian establishment after he persuaded the US Congress last year to adopt the Magnitsky Act. This imposed sanctions on Russians — including Mr Karpov — alleged to have been involved in the $230 million fraud and also with the death of Mr Magnitsky, an accountant and auditor Mr Browder employed to investigate the fraud.

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