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Vadim Miropolskiy v (1) “Mom&Baby Distribution ” LLP (2) Sagynai Kubayev (3) Asylaim Kubaeva

CASE No: AIFC-C/CFI/2025/0037
11.09.2025
Keywords
# Recognition and Enforcement
# Settlement agreement
# Joint and several liability
# Debt repayment
# Penalty
# Late payment
# Writ of execution
# Order
Judges
Lord Faulks KC
Summary
The Claimant applied to the AIFC Court to recognize and enforce an arbitral award issued by the International Arbitration Centre. The Court found the application justified and approved a settlement agreement requiring the Defendants to repay a debt in instalments, with penalties for any delay. The order also allows immediate enforcement in case of breach and provides the Defendants a 14-day period to challenge the decision. Download PDF

Judgment Content