Michael Cherney

Michael Cherney News

  • Russia’s 20 Biggest Billionaires Keep Riches From Putin

    Alisher Usmanov, Russia’s richest person, moved control of most of his $20 billion fortune last year to a holding company based in the British Virgin Islands, a collection of more than 60 isles 5,600 miles away from Moscow.

  • Russians Confront Each Other in $1 Billion U.K. Trial

    United Co. Rusal Chief Executive Officer Oleg Deripaska confronts a figure from his past he might rather forget in a $1 billion courtroom battle with Michael Cherney that began today in London.

  • Deripaska Rebound From Near-Crash Stares Down Potanin

    On a Sunday afternoon in January, Russian billionaire Oleg Deripaska gets ready to leave his sprawling mansion in Zhukovka, a wealthy suburb of Moscow where his neighbors include President Dmitry Medvedev and Prime Minister Vladimir Putin . His children, Pyotr, 9, and Marusia, 7, burst in the door, greet their father and run happily down the long hallway. His wife, Polina, who is publisher of the Russian edition of the magazine Hello!, prepares to welcome guests for a party celebrating the Russian Orthodox New Year, Bloomberg Markets magazine reports in its April issue.

  • Deripaska Didn’t Need Cherney to Build Rusal, Lawyer Says

    Lawyers for United Co. Rusal Chief Executive Officer Oleg Deripaska denied their client had been a “struggling student” who relied on Michael Cherney to build his metals business two decades ago, in a $1 billion lawsuit between the two men.

  • Deripaska Claims Cherney Bribed Politicians in London Lawsuit

    United Co. Rusal Chief Executive Officer Oleg Deripaska accused Michael Cherney, who is suing him for $4.3 billion, of making mysterious payments to politicians including Israel Deputy Prime Minister Avigdor Liberman.

  • Deripaska Settles Cherney’s U.K. Lawsuit Over Rusal Stake

    United Co. Rusal Chief Executive Officer Oleg Deripaska settled a lawsuit seeking as much as $1 billion filed by Michael Cherney over a stake in the world’s largest aluminum producer.

  • Deripaska Can't Call Russia Crime Expert in U.K. Contract Suit, Judge Says

    Oleg Deripaska , formerly Russia’s wealthiest man, lost a court ruling over presenting expert evidence about Russian organized crime in a lawsuit brought against him by a former business partner.

  • Anonymous Testimony Allowed in Trial on Rusal Stake, Judge Says

    Some witnesses in a trial beginning July 9 between United Co. Rusal Chief Executive Officer Oleg Deripaska and Israeli businessman Michael Cherney could give evidence anonymously, a London judge said today.

  • Deripaska Trial Should Be in U.K., Appeal Court Rules

    Oleg Deripaska, formerly Russia’s wealthiest man, can be sued in the U.K. by a former business partner who is seeking at least $3 billion, a London court ruled.

  • Bear Stearns, Deutsche Bank, Apple, Transocean in Court News

    Former Bear Stearns Cos. hedge-fund managers Ralph Cioffi and Matthew Tannin, acquitted in 2009 of criminal charges they misled investors, agreed to pay $1.05 million to settle a related civil case brought by the U.S. Securities and Exchange Commission.

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