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ALEKSEY VLADIMIROVICH IVANOV v ASET ZHUSUPOVICH SADANOV

CASE No: AIFC-C/CFI/2024/0044
10.01.2025
Keywords
# Recognition and Enforcement
# Arbitration award
# Monetary claim
# Loan agreement
# Recovery
Judges
The Lord Faulks KC
Summary
The Court recognised and enforced an arbitral award issued by the International Arbitration Centre of Kazakhstan, ordering the debtor to pay the principal debt, contractual penalty, and arbitration costs arising from a loan agreement. The order is subject to a short set-aside period during which the Defendant may apply to challenge enforcement, and enforcement is stayed until that period (or any such application) is finally resolved. Download PDF

Judgment Content