Court AIFC » AOM RAIL B. V. v KENMART LLP

CASE No: AIFC-C/CFI/2024/0040

04.11.2024

Keywords

# Arbitration award

# Recognition and enforcement

# Debt recovery

Judges

The Lord Faulks KC

Summary

AOM Rail B.V. applied to the AIFC Court for recognition and enforcement of an arbitral award issued in IAC Arbitration Case No. 90/2024 against KENMART LLP. The Court found the application justified and ordered the defendant to pay KZT 1,619,628,362 in debt and KZT 500,000 in arbitration costs. The Court also granted the defendant 14 days to apply to set aside the order, with enforcement stayed until that period expires or any such application is resolved. Download PDF

AOM RAIL B. V. v KENMART LLP

Judgment Content