Federal Judge Triples Damages Kyrgyzstan Must Pay Firm

By Diamond Naga Siu · January 6, 2021, 4:47 PM EST

A New York federal judge has ordered Kyrgyzstan to triple its daily payouts to a Turkish hotel investment company due to the country's "vexatious conduct" in their real estate spat, adopting...

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Case Information

Case Title

Sistem Muhendislik Insaat Sanayi Ve Ticaret, A.S. v. The Kyrgyz Republic

Case Number

1:12-cv-04502

Court

New York Southern

Nature of Suit

Contract: Other

Date Filed

June 08, 2012