59 Claimants v (1) “AGRONAVIGATOR” LLP, (2) “DONETSKOE KOLLEKTIVNOE HOZYAISTVO” LLP, (3) Livandovskiy Boris Bronislavovich, (4) Nikulin Maksim Vladilenovich

The claimants applied to the AIFC Court for recognition and enforcement of an arbitral award issued by the International Arbitration Centre against two LLPs and two individual respondents. The Court granted the application and ordered the defendants to pay jointly and severally the outstanding debt, legal representation costs, success fee, arbitrator's fee, and arbitration expenses. The Court further directed that all recovered funds be transferred to the administrator of the iKapitalist investment platform for distribution among investors in accordance with the relevant agreements and investor register. Download PDF