Hryhoriy Surkis (R) and Ihor Surkis (L) attend an anniversary celebration of System Capital Management in Donetsk on Nov. 19 in 2010. The brothers have been locked in a multi-pronged legal battle against PrivatBank since 2017.
The Pechersk District Court has ruled that state-owned PrivatBank must pay about $350 million to British companies owned by the Surkis brothers.
The six companies’ deposits were converted into PrivatBank shares when the bank was nationalized in 2016.