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Home / Judgments / Vadim Miropolskiy v (1)”Exwelding” LLP (2) Rustem Tasbolatov (3) Baurzhan Duisengali

Vadim Miropolskiy v (1)”Exwelding” LLP (2) Rustem Tasbolatov (3) Baurzhan Duisengali

CASE No: AIFC-C/CFI/2025/0058
03.12.2025
Keywords
# Arbitration award
# Recognition and enforcement
# Joint and several liability
# Loan agreement
# Currency risk compensation
# Penalty payments
# Court order
Judges
Tom Montagu-Smith КC
Summary
The Court considered an application by the Claimant to recognize and enforce an arbitration award issued by the International Arbitration Centre in 2025. The Court Order required the Defendants to pay principal debts under loan agreements, together with currency compensation, penalties, and arbitration-related expenses on a joint and several basis. The Defendants may apply to set aside the Court Order within 14 days, and enforcement is suspended during that period. Download PDF

Judgment Content