Attempts to put assets beyond creditor’s reach were in contempt of court

Attachment and committal - alleged breaches of order of court - order of High Court (Clarke J), 27 June 2011 - alleged conspiracy to alter way in which property portfolio held - security held by plaintiff over companies - attempts to remove value of company away from companies to separate structure - orders restraining defendants from breaching share pledges, transferring assets to third parties, or exercising rights over shares inconsistent with interests of plaintiff - alleged breaches of orders - alleged assignment of $163 million worth of loans to entity in Belize - backdating of assignments of loans - assignment of debt of $45.2 million to company controlled by another defendant with aim of taking control of Ukranian asset worth $78 million - transfer of $500K to personal bank account - pattern of wresting control of assets - use of offshore companies - series of unlawful acts to breach security arrangements with plaintiff - corporate structure of defendant companies - asset stripping - requirement that contempt be proven beyond reasonable doubt - advice taken from leading international law firms in respect of transactions - obstacles and obstruction faced by plaintiff in making its case - evasiveness of defendants in witness box - irrelevant criticisms of plaintiff given by defendant - untruthful evidence - dispute by defendants as to their liability to the plaintiff - debt of €455 million undisputed.