A UK court has ruled that a $10 billion jet dispute involving Ukraine will be heard in London rather than Moscow. The decision comes amidst the ongoing crisis in Ukraine and has significant implications for the aviation and insurance industries.
The dispute centers around a claim made by Ukraine against Russia for the downing of a passenger jet in 2014. Ukraine alleges that Russia is responsible for the incident, which resulted in the loss of lives and significant damages. Russia has denied any involvement in the incident.