Investors Want Kazakhstan Sanctioned In $506M Award Fight

Law360 (December 3, 2019, 6:52 PM EST) -- A pair of Moldovan energy investors called on a D.C. federal court to sanction Kazakhstan for its "willful, complete, and continuing failure to obey" a court order requiring it to turn over documents as the investors look to enforce a $506.7 million arbitration award, plus interest, against the country.

Anatolie Stati, his son Gabriel Stati and their companies told the court Monday that Kazakhstan has "flagrant[ly]" breached its discovery obligations as they have attempted to track down Kazakh assets to enforce the award, which they won from a Swedish tribunal in 2013 after Kazakhstan seized their petroleum operations in the country....

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Attached Documents

Related Sections

Case Information

Case Title

Subscribers Only

Case Number

Subscribers Only

Court

Subscribers Only

Nature of Suit

Subscribers Only

Judge

Subscribers Only

Date Filed

Subscribers Only

Law Firms