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Russia Commutes U.S. Investor Calvey’s Fraud Sentence After Guilty Plea

A Moscow court of cassation further commuted Michael Calvey’s suspended sentence to 4 years and 4 months given his "full confession of guilt."

Baring Vostok Investors Leave Russia After Fraud Sentences End

Michael Calvey and Philippe Delpal's trial had sent shockwaves through Russia’s investment community.

Investor Calvey Appeals Russian Embezzlement Conviction

The American fund manager is attempting to clear his name after a controversial legal battle.

Russian Court Finds U.S. Investor Calvey Guilty of Embezzlement

Ruling seen as a blow to Russia’s investment climate.

In Final Court Statement, U.S. Investor Calvey Says Acquittal Will Boost Russian Economy

Michael Calvey, a veteran foreign investor, faces a six-year suspended sentence on embezzlement charges that have rattled Russia's business community.

Russian Prosecutors Seek 6-Year Suspended Sentence for U.S. Investor Calvey

Michael Calvey offered a blistering response Thursday to prosecutors' request for a six-year suspended sentence.

Warring Parties Sell Bank at Center of Calvey Dispute

Baring Vostok and Finvision will sell their stakes in Vostochny Bank.

U.S. Investor Calvey Wants 'To Stay in Russia' After Trial

In a rare press statement, Calvey said he would like to "draw a line under" his trial and move on once it's over.

U.S., French Investors Plead Not Guilty in Moscow Fraud Trial

All but one of the suspects in the Baring Vostok case, which rattled Russia's foreign investment community, have denied their guilt.

Russia Lifts House Arrest on Michael Calvey

Star investor, Baring Vostok founder freed from house arrest weeks after resolving civil claims.

Experts Fear Calvey Settlement Rewards Strong-Arm Tactics

A multimillion dollar corporate “peace deal” was struck 20 months after Baring Vostok founder Michael Calvey was arrested on dubious charges.

Calvey Civil Case Settled for $32M Raising Hopes of Criminal Proceedings Being Dropped

Lawyers for the detained American investor say the deal should convince Russian authorities to drop the criminal case.

Jailed U.S. Investor Calvey Denied MRI Scan for Cancer Treatment – FT

Doctors were reportedly forced to remove the tumor using an outdated method that required an additional round of radiation therapy.

Russia Keeps U.S. Investor Calvey Under House Arrest Despite Cancer Revelation

Calvey’s lawyer argued that keeping his client under house arrest violates his rights.

Russia Puts Jailed Baring Vostok Executives Under House Arrest

The three men were taken into custody last year in an embezzlement case against the Baring Vostok private equity group.

Russia Extends House Arrest of U.S. Investor Calvey Until May 13

Calvey faces charges of embezzlement that he says are being used to pressure him in a business dispute.

opinion Alexey Eremenko

How Will Putin’s Reforms Pan Out for Russian Business?

By addressing the “2024 problem” early Putin has given the investment community some breathing room.

Russia Extends U.S. Investor Calvey's House Arrest Through Feb. 13

A Baring Vostok official representative described the decision as "unjustified."

Baring Vostok Cancels New Fund Launch

Firm scraps plans for potential billion-dollar investment fund as colleagues launch new campaign in support of detained executives.

Russian Baring Vostok Executives Could Face Years in Detention

Ivan Zyuzin, Vagan Abgaryan and Maxim Vladimirov face a full year in jail before the case even has a chance of going to trial.

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