No Jurisdiction In Kazakh Farm Dispute, UK High Court Says
By Caroline Simson (March 8, 2017, 4:17 PM EST) -- The English High Court affirmed Wednesday that a London tribunal lacked jurisdiction to consider claims brought against Kazakhstan by a poultry farm operation, concluding that the company could not take advantage of an international arbitration provision in an underlying contract since it was not a foreign investor.
Justice Robin Knowles determined that even though Ruby Roz Agricol LLP had foreign participants in its corporate structure, it could not be considered a foreign investor as defined in its investment contract with the Central Asian nation — under which it had been granted tax incentives — since it had been established under Kazakhstani...
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