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Home / Judgments / MEMBER OF “SAYAKHAT” LIMITED LIABILITY PARTNERSHIP MINIUS MUNAITPAS MEDEUOVICH v MEMBER OF “SAYAKHAT” LIMITED LIABILITY PARTNERSHIP OLEG DMITRIEVICH KUZENYATKIN

MEMBER OF “SAYAKHAT” LIMITED LIABILITY PARTNERSHIP MINIUS MUNAITPAS MEDEUOVICH v MEMBER OF “SAYAKHAT” LIMITED LIABILITY PARTNERSHIP OLEG DMITRIEVICH KUZENYATKIN

CASE No: AIFC-C/CFI/2025/0002
21.02.2025
Keywords
# Recognition and Enforcement
# Arbitration award
# Compulsory buyout of shares
# Shareholder exclusion
# Market value compensation
Judges
The Lord Faulks KC
Summary
The Court was asked to recognise and enforce an IAC arbitration award arising from a dispute within an LLP, including orders affecting company participation and share ownership. The Court granted the application, ordering the exclusion of the Defendant from the LLP and the compulsory buyout of his 50% share at market value, with enforcement subject to a short set-aside period. Download PDF

Judgment Content