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Home / Judgments / MR. VADIM MIROPOLSKIY v (1) “HALYK AGRO TRADE” LLP (2) MR. ALEXANDER KVITASH (3) MR. DENIS KVITASH

MR. VADIM MIROPOLSKIY v (1) “HALYK AGRO TRADE” LLP (2) MR. ALEXANDER KVITASH (3) MR. DENIS KVITASH

CASE No: AIFC-C/CFI/2025/0038

03.10.2025

Keywords

# Arbitration award

# Recognition and enforcement

# Guarantee agreement

# Loan agreement

# Joint and several liability

# Penalty interest

# Arbitration costs

Judges

The Lord Faulks KC

Summary

The court considered an application to recognize and enforce an arbitration award issued by the International Arbitration Centre in 2025. The court upheld most of the claimant’s monetary claims against the defendants, including principal debt, penalties, and arbitration costs, while rejecting the claim for currency risk compensation. Download PDF

MR. VADIM MIROPOLSKIY v (1) “HALYK AGRO TRADE” LLP (2) MR. ALEXANDER KVITASH (3) MR. DENIS KVITASH

Judgment Content