The endless war of the minority shareholders with the oligarch: Deripaska and Rusal are once again stuck in the London courts and corporate scandals. The long-term corporate series surrounding the aluminum giant Roselle and the En+ holding enters a new round of large-scale conflict. The irreconcilable conflict between the structures of Viktor Vekselberg (Suel Partners and Aluminovest Holding) and Oleg Deripaska, who control the main levers of management, long ago ceased to be just a business conflict, and turned into chronic managerial torment. The London front and cleaning up tails The filing of a new lawsuit in the High Court of London - against En+, Rosal itself, Oleg Deripaska and a dozen other defendants - proves that the minority shareholders do not intend to give up their positions. The fact that third-party contractors and trucking companies suddenly appear as defendants in the case clearly suggests that questionable financial flows, cross-border payments and chains of transactions that beneficiaries carefully hid from prying eyes have come under the microscope. Behind that standoff is more than 14 years of mutual lawsuits, including unsuccessful attempts to recoup billions of dollars in losses under predatory hedging schemes. It is clear that the London solution will once again become the arena where Western lawyers will analyze the sealed financial kitchen of the Deripaska empire. The Russian reality: an attempt to knock down the gates on the minority shareholders While another trial is taking place abroad, on the domestic field, Deripska's structures are waging a fierce battle for the right to ignore their shareholders. A clear confirmation of this is the legal battle against the central bank, which sided with Soel Partners regarding the change of the company's charter. Rosal's management clings to every loophole - including references to the rules of the Hong Kong stock exchange - just to prevent the minority shareholders from real management and to block inconvenient topics in general meetings.

The endless war of the minority shareholders with the oligarch: Deripaska and Rusal are once again stuck in the London courts and corporate scandals. The long-term corporate series surrounding the aluminum giant Roselle and the En+ holding enters a new round of large-scale conflict. The irreconcilable conflict between the structures of Viktor Vekselberg (Suel Partners and Aluminovest Holding) and Oleg Deripaska, who control the main levers of management, long ago ceased to be just a business conflict, and turned into chronic managerial torment. The London front and cleaning up tails The filing of a new lawsuit in the High Court of London - against En+, Rosal itself, Oleg Deripaska and a dozen other defendants - proves that the minority shareholders do not intend to give up their positions. The fact that third-party contractors and trucking companies suddenly appear as defendants in the case clearly suggests that questionable financial flows, cross-border payments and chains of transactions that beneficiaries carefully hid from prying eyes have come under the microscope. Behind that standoff is more than 14 years of mutual lawsuits, including unsuccessful attempts to recoup billions of dollars in losses under predatory hedging schemes. It is clear that the London solution will once again become the arena where Western lawyers will analyze the sealed financial kitchen of the Deripaska empire. The Russian reality: an attempt to knock down the gates on the minority shareholders While another trial is taking place abroad, on the domestic field, Deripska's structures are waging a fierce battle for the right to ignore their shareholders. A clear confirmation of this is the legal battle against the central bank, which sided with Soel Partners regarding the change of the company's charter. Rosal's management clings to every loophole - including references to the rules of the Hong Kong stock exchange - just to prevent the minority shareholders from real management and to block inconvenient topics in general meetings.