YUKOS CAPITAL S.A.R.L. v. FELDMAN

Docket Nos. 19-1109, 19-1254 August Term 2019.

977 F.3d 216 (2020)

YUKOS CAPITAL S.A.R.L., Yukos Hydrocarbons Investments Limited, Stichting Administratiekantoor Yukos International, Stichting Administratiekantoor Financial Performance Holdings, Plaintiffs-Counter-Defendants-Appellees-Cross-Appellants, Mark Fleischman, as Trustee of the 2015 Security Trust, as successor in interest to the 2014 Security Trust, Plaintiff-Third-Party-Defendant-Counter-Defendant-Appellee-Cross-Appellant, Luxtona Limited, Plaintiff-Counter-Defendant-Appellee-Cross-Appellant, v. Daniel Caleb FELDMAN, Defendant-Third-Party-Plaintiff-Counter-Claimant-Appellant-Cross-Appellee, David Godfrey, Steven Theede, Fair Oaks Trade and Invest Limited, Third-Party-Defendants-Cross-Appellees, Directors Protection Ltd., Financial Performance Holdings B.V., Gretchen King, Michel De Guillenchmidt, Bruce Misamore, Third-Party-Defendants.

United States Court of Appeals, Second Circuit.

Decided: October 8, 2020.


Attorney(s) appearing for the Case

Jeffrey D. Brooks ( Mary E. Flynn , on the brief), Morrison Cohen LLP, New York, NY, for Plaintiffs-Counter-Defendants-Appellees-Cross-Appellants, Plaintiff-Third-Party-Defendant-Counter-Defendant-Appellee-Cross-Appellant, and Third-Party-Defendants-Cross-Appellees.

Robert Glunt ( Rishi Bhandari , on the brief), Mandel Bhandari LLP, New York, NY, for Defendant-Third-Party-Plaintiff-Counter-Claimant-Appellant-Cross-Appellee.

Before: Livingston and Park, Circuit Judges, and Underhill, District Judge.


This is a case about a disloyal employee, Daniel Feldman, the Defendant.1 After trial, a jury found that Feldman had, through his actions in two distinct schemes, breached his fiduciary duty to (1) Yukos Capital S.A.R.L. ("Yukos Capital"), Yukos Hydrocarbons Investments Limited ("YHIL"), Stichting...

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