LONDON/KIEV — Ukraine will ask the British Supreme Court on Monday not to force it to pay billions of dollars in debt to Russia without a trial that would determine whether Kiev was forced to borrow the money under duress. The case, being decided in London because the debt was structured as a Eurobond under English law, could see British courts rule on some of the most contentious issues in the Russia-Ukraine feud that has divided Moscow from the West. The debt was borrowed six years ago by a pro-Russian president months before he was toppled in a popular uprising. Moscow is seeking a summary judgment in its favor that could see Ukraine ordered to pay the debt in full, without a trial. Ukraine argues that it should not be forced to pay without having a chance to challenge the debt, a position backed by an appeals court in a ruling that Russia now wants the Supreme Court to overturn.

Source: International New York Times December 09, 2019 00:50 UTC