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Aabar Holdings S.A.R.L. and Others v Glencore Plc and Others

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Summary

The High Court of Justice, Business and Property Courts of England and Wales (Commercial Court, Financial List) issued a final judgment on 16 April 2026 in proceedings brought by Aabar Holdings S.A.R.L. and associated parties against Glencore Plc and individual defendants Ivan Glasenberg and Steven Frank Kalmin. The judgment, assigned Neutral Citation [2026] EWHC 877 (Comm), was delivered by Mr Justice Picken. The document represents a final determination in commercial proceedings encompassing multiple linked case numbers spanning 2022 to 2023.

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What changed

The High Court of Justice issued a final judgment in consolidated commercial proceedings between Aabar Holdings S.A.R.L. and others as claimants and Glencore Plc with individual defendants Ivan Glasenberg and Steven Frank Kalmin. The judgment constitutes a final determination in proceedings that were allocated to the Financial List of the Commercial Court and carried Neutral Citation [2026] EWHC 877 (Comm).\n\nParties to significant commercial disputes before the English Commercial Court should note that this judgment may establish precedent relevant to similar corporate or financial claims. The proceedings encompassed multiple linked case numbers from 2022 to 2023, indicating extended litigation involving substantial commercial interests between a sovereign wealth fund entity and a major commodities trading company.

Archived snapshot

Apr 20, 2026

GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.

Neutral Citation Number: [2026] EWHC 877 (Comm)
Case Nos: FL-2022-000024
FL-2022-000025
FL-2022-000026
FL-2022-000027
FL-2023-000004
FL-2023-000009
FL-2023-000024

In the High Court of Justice
Business and Property Courts of England and Wales
Commercial Court (KBD)
Financial List

16 April 2026

Before:

Mr Justice Picken

Between:

Aabar Holdings S.A.R.L. and others

-v-

Glencore Plc

Ivan Glasenberg

Steven Frank Kalmin

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Last updated

Classification

Agency
EWHC
Published
April 16th, 2026
Instrument
Rule
Legal weight
Binding
Stage
Final
Change scope
Substantive
Document ID
[2026] EWHC 877 (Comm)
Docket
FL-2022-000024 FL-2022-000025 FL-2022-000026 FL-2022-000027 FL-2023-000004 FL-2023-000009 FL-2023-000024

Who this affects

Applies to
Investors Financial advisers Legal professionals
Industry sector
2111 Oil & Gas Extraction
Activity scope
Commercial litigation Civil dispute resolution Court judgment enforcement
Geographic scope
United Kingdom GB

Taxonomy

Primary area
Judicial Administration
Operational domain
Legal
Topics
Financial Services Corporate Governance

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