Hermitage’s Browder Wins Dismissal of Russian’s Libel Case

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Hermitage Capital Management founder William Browder won the dismissal of a U.K. libel case filed by a former Russian policeman accused of playing a part in the 2009 death of legal and tax adviser Sergei Magnitsky.

Judge Peregrine Simon ruled that the U.K. wasn’t the right jurisdiction for the ex-policeman, Pavel Karpov, to file the lawsuit. The dispute is part of a larger fight over Magnitsky’s death in prison and duelling accusations of tax fraud between Hermitage and the Russian government.