The UK court compared the dispute between Moscow and Kiev over Eurobonds with a “gun threat” 
billion dollars cannot be considered by the English judicial system. This dispute between Moscow and Kiev over Eurobonds lies in the plane of international relations, QC Mark Howard said at a hearing in the British Supreme Court, RBC reports.
He represents The Law Debenture Trust, an attorney for the issue of Eurobonds, the sole holder of which is Russia. Howard is confident that the British Supreme Court should refuse Kiev to consider his argument about “coercion” by the Russian side.
He noted that there is a fundamental difference between physical threats to an individual and “threats” from one state to another. The former can be tried in a national court, while the latter cannot. “Let's say the president of Russia or his bodyguard holds a gun at the head of the president of Ukraine – this will be a direct threat to an individual, English law will treat this as a threat of murder. However, you cannot interpret interstate relations when, for example, one state is explicitly or implicitly borders of another state, as a threat to individuals, ”Howard cited the comparison.
The bonds were placed at the end of 2013, until the end of 2015 Kiev serviced the debt, but then defaulted. The Russian Finance Ministry filed a lawsuit with the High Court of London and won it in March 2017. Ukraine has filed a complaint, the Court of Appeal in England found that the argument about Russian pressure could not be dismissed without a comprehensive legal process.
Ukraine insists that it was forced to enter into an agreement to issue Eurobonds as a result of “threats from Russia.” Therefore, according to the authorities of the country, the issue of bonds should be declared invalid as compulsory, or it is necessary to stop the court proceedings. A decision is expected in three to nine months.