The former owner of the Solikamsk Magnesium Plant (SMZ) Igor Paksterkov assessed the Russian assets seized in & #036; 1.05 billion and tried to recover this amount through a British court. However, the proceedings were dismissed without considering his claims on the merits. At the same time, the businessman is seeking political asylum in France, reported Vedivi and RBC. In Russia, Pakistkov was sentenced to 8 years in prison. The sentence entered into force. In 2015, Pasterkov purchased shares of SMZ from the Cypriot company Canemare Enterprises. In addition, he owned Yan "Fin-Project" - the sole founder of the Luborsk Mining and Processing Plant (GOK). In 2022, the Attorney General's Office received a seizure of 89.5% of SMP shares in favor of the state. The basis was the allegation of the organization's violations in the 1990s. In 2023, the state package was transferred to Rosatom. Then, in March 2024, the court granted a separate claim for attacks on the remaining 10.5% of shares owned by minority shareholders. As a result, the former owners lost their property, and the debate over the legality of their purchase continued in other jurisdictions. Why the dispute was estimated at a billion dollars Pasterkov turned to the Supreme Court of England and Wales in a lawsuit against Alexander Gutin, the former chairman of the board of directors of SMZ. According to Woodbay, Gutin participated in the 2015 deal as a lawyer for Canemare Enterprises, which sold shares to a businessman. Pasterkov estimated the value of lost assets at $1.05 billion: and #036;800 million dollars accounted for Lovozersky GOK and #036;250 million - for SMZ. On June 25, 2026, a British court dismissed the proceedings. Gutin challenged the jurisdiction of the English case and pointed to violations when filing court documents. The court agreed with his claims and did not address Pasterkov's claims on the merits.

The former owner of the Solikamsk Magnesium Plant (SMZ) Igor Paksterkov assessed the Russian assets seized in & #036; 1.05 billion and tried to recover this amount through a British court. However, the proceedings were dismissed without considering his claims on the merits. At the same time, the businessman is seeking political asylum in France, reported Vedivi and RBC. In Russia, Pakistkov was sentenced to 8 years in prison. The sentence entered into force. In 2015, Pasterkov purchased shares of SMZ from the Cypriot company Canemare Enterprises. In addition, he owned Yan "Fin-Project" - the sole founder of the Luborsk Mining and Processing Plant (GOK). In 2022, the Attorney General's Office received a seizure of 89.5% of SMP shares in favor of the state. The basis was the allegation of the organization's violations in the 1990s. In 2023, the state package was transferred to Rosatom. Then, in March 2024, the court granted a separate claim for attacks on the remaining 10.5% of shares owned by minority shareholders. As a result, the former owners lost their property, and the debate over the legality of their purchase continued in other jurisdictions. Why the dispute was estimated at a billion dollars Pasterkov turned to the Supreme Court of England and Wales in a lawsuit against Alexander Gutin, the former chairman of the board of directors of SMZ. According to Woodbay, Gutin participated in the 2015 deal as a lawyer for Canemare Enterprises, which sold shares to a businessman. Pasterkov estimated the value of lost assets at $1.05 billion: and #036;800 million dollars accounted for Lovozersky GOK and #036;250 million - for SMZ. On June 25, 2026, a British court dismissed the proceedings. Gutin challenged the jurisdiction of the English case and pointed to violations when filing court documents. The court agreed with his claims and did not address Pasterkov's claims on the merits.