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The High Court granted anti-suit injunctions in favour of joint liquidators of two companies to restrain a Russian state-owned entity from continuing legal proceedings in Russia that directly challenged and attempted to circumvent binding orders made by the Irish courts regarding the validity of certain pledge agreements and the ownership of valuable aircraft. The court found that the respondent, having fully submitted to the jurisdiction of the Irish courts by entering an unconditional appearance and seeking to participate as a creditor in the liquidation, was acting abusively and oppressively by pursuing inconsistent claims and orders in Russia. The orders were made solely against the respondent and not against other parties, and the relief was tailored only to the extent necessary to protect the integrity of the Irish liquidation process and the interests of all creditors. The court declined broader or anticipatory relief where there was insufficient evidence or future risk.
anti-suit injunction – liquidation – aircraft ownership – pledge agreements – submission to jurisdiction – oppressive conduct – abuse of process – foreign enforcement – High Court orders – Companies Act 2014 – exclusive jurisdiction – creditor claims – cross-border insolvency – discretionary relief – joint liquidators
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