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Ovik Mktrchyan v 2Trom Media Group Ltd

Citation not recorded · Court not recorded · 2026

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Summary

Defamation action brought by individual claimant Ovik Mktrchyan against the owners of 'The London Post' website for articles accusing him of orchestrating an Uzbekistani corruption network. Following default judgment, Fordham J assessed damages. The Claimant established serious harm under s.1(1) by showing that his affiliated investment companies (GLL, GIL) and family members had banking facilities terminated or refused in close temporal proximity to the publication. The court awarded £105,000 in general and aggravated damages, granted an injunction, and ordered a s.12 summary of judgment to be published.

Key attributes

Claimant type
Individual
Defendant type
Corporate and individual
Sector
Finance / Investment
Platform
The London Post website and its affiliated social media accounts
Serious financial loss
Not considered
Causation finding
The court accepted that the Claimant's affiliated companies and a family member were refused banking services because of harm caused to his reputation arising from the Article.
Claimed loss
Not recorded
Accepted loss
Not recorded
Total damages
£105,000
Turnover band
Not recorded
Outcome
Judgment for the Claimant on default. Injunction granted, s.12 summary publication ordered, and general/aggravated damages of £105,000 awarded alongside indemnity costs of £117,663.38.
Appeal status
First instance

Why it matters

This case illustrates how serious harm under section 1(1) can be established by an individual claimant showing that entities/companies closely associated with them suffered withdrawal of banking services as a direct consequence of the defamatory publication.

What this record does not tell you

  • Any field shown as “not recorded” is genuinely absent from the record, not estimated.
  • A damages award is not a measure of the claimant's commercial loss and is never used as one.
  • Outcomes turn on their own facts; similarity to your situation is a matter for a solicitor.

Judgment metadata is derived from public sources. Analysis is Defametrics' own and is not legal advice.