- Court of Appeal confirms extra-territorial committal jurisdiction after CPR 71 cross-examination (Mr Alexander Vik v Deutsche Bank AG)
- What are the practical implications of this case?
- What was the background?
- What did the court decide?
- Case details
Dispute Resolution analysis: In the latest instalment in the long-running litigation between Deutsche Bank and Monaco-based billionaire Mr Vik, the Court of Appeal has held that Deutsche Bank can serve an order on Mr Vik compelling him to return to the UK for questioning over his assets or face prison as the bank continues its hunt for the $320m that he owes. The judgment makes clear that a party cannot evade compliance with a committal order resulting from breach of a CPR 71 cross-examination by simply leaving the jurisdiction. Written by Philip Devenish, senior associate at Quinn Emanuel Urquhart & Sullivan, UK LLP.
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