‘TEMIR ZAT’ LLP, (2) ‘BAUPROJEKT’ LLP, (3) ‘MCI GROUP’ LLP v ‘JOINT VENTURE ALAYGYR’ LLP

The AIFC Court considered two applications by The Consortium seeking to set aside an arbitral award and related enforcement orders issued in a dispute with Joint Venture “Alaygyr”. The Court held that the Claimants’ arguments were largely an impermissible attempt to appeal the merits of the arbitral award and that no valid grounds existed to challenge jurisdiction, validity, or public policy compliance. Accordingly, the Court dismissed both applications in full. Download PDF