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Home / Judgments / AOM SDF I B.V. BESLOTEN VENNOOTSCHAP v (1) ECO PRODUCT COMPANY LLP; (2) MR. AZAMAT TALGATOVICH KUBIYEV; (3) MR. ALIBEK SHOKANOVICH SAIMOV; (4) MR. ASSET ASKAROVICH TULEGENOV

AOM SDF I B.V. BESLOTEN VENNOOTSCHAP v (1) ECO PRODUCT COMPANY LLP; (2) MR. AZAMAT TALGATOVICH KUBIYEV; (3) MR. ALIBEK SHOKANOVICH SAIMOV; (4) MR. ASSET ASKAROVICH TULEGENOV

CASE No: AIFC-C/CFI/2024/0047

07.02.2025

Keywords

# Request for arbitration

# Loan agreement

# Guarantee agreement

# Remittal to arbitration

# Jurisdiction

Judges

Sir Rupert Jackson

Summary

The Court reviewed an arbitration dispute involving a loan agreement and related guarantee agreements where the arbitrator had only decided the claim against the borrower, ECO, and declined jurisdiction over the guarantors. The Court upheld the arbitrator’s award, finding no legal error, but ordered that the unresolved claims against the guarantors be remitted to the arbitration centre for determination by a newly appointed arbitrator. Download PDF

AOM SDF I B.V. BESLOTEN VENNOOTSCHAP v (1) ECO PRODUCT COMPANY LLP; (2) MR. AZAMAT TALGATOVICH KUBIYEV; (3) MR. ALIBEK SHOKANOVICH SAIMOV; (4) MR. ASSET ASKAROVICH TULEGENOV

Judgment Content