Legal News

Luxembourg—enforcement proceedings sent back to Court of Appeal (Kazakhstan v Stati)

Luxembourg—enforcement proceedings sent back to Court of Appeal (Kazakhstan v Stati)
Published on: 17 February 2021
Published by: Law360
  • Luxembourg—enforcement proceedings sent back to Court of Appeal (Kazakhstan v Stati)
  • What did the court decide?

Article summary

Law360: The Cour de Cassation of Luxembourg overturned an order enforcing a $US 506m Arbitration Institute of the Stockholm Chamber of Commerce (SCC) award against Kazakhstan that was issued to two Moldovan energy investors, ruling that the lower court improperly dealt with evidence allegedly backing the former Soviet state’s claims that the award was procured through fraud. or take a trial to read the full analysis.

Popular documents