ENEGIX LIMITED LIABILITY PARTNERSHIP v. (1) FRESCHETTE LIMITED (2) PRIME CAPITAL RE ALAKOL LIMITED LIABILITY PARTNERSHIP (3) PRIME CAPITAL REAL ESTATE LIMITED LIABILITY PARTNERSHIP (4) QAZ-AK-KUS LIMITED LIABILITY PARTNERSHIP

The Court considered an application by Enegix LLP for permission to appeal against a judgment confirming the AIFC Court’s jurisdiction over a dispute concerning foreclosure of pledged immovable property. The Court rejected arguments that the submission clause was invalid or limited, holding that it clearly granted exclusive jurisdiction to the AIFC Court and that there was no reason to defer to Kazakh state courts. Permission to appeal was refused because the grounds had no real prospect of success and no other compelling reason was shown for an appeal. Download PDF