Judgments

Search
Judges
Tom Montagu-Smith КC
Summary
The Court considered an application by the Claimant to recognize and enforce an arbitration award issued by the International Arbitration Centre in 2025. The Court Order required the Defendants to pay the total amount of principal debt, remuneration, penalties, and arbitration costs on a joint and several basis. The Defendant may apply to set aside the Court Order within 14 days, and enforcement is suspended during that period.
Judges
Tom Montagu-Smith КC
Summary
The Court considered an application by the Claimant to recognize and enforce an arbitration award issued by the International Arbitration Centre in 2025. The Court Order required the Defendants to pay principal debts under loan agreements, together with currency compensation, penalties, and arbitration-related expenses on a joint and several basis. The Defendants may apply to set aside the Court Order within 14 days, and enforcement is suspended during that period.
Vadim Miropolskiy v (1) “UNIPARK” LLP
CASE No: AIFC-C/CFI/2025/0056
01.12.2025
Judges
Tom Montagu-Smith KC
Summary
The Court considered an application by the Claimant to recognize and enforce an arbitration award issued by the International Arbitration Centre in 2025. The Court Order required the Defendant to pay various sums including interest, penalties, currency compensation, and arbitration costs. The Defendant may apply to set aside the Court Order within 14 days, and enforcement is suspended during that period.
Judges
Tom Montagu-Smith КC
Summary
The Court considered an application by the Claimant to recognize and enforce an arbitration award issued by the AIFC International Arbitration Centre in 2025. The Court Order required the Defendants to pay a total debt jointly and severally and imposed a penalty for any delay in fulfilling the settlement agreement. The Defendants may apply to set aside the Court Order within 14 days, and enforcement is suspended during that period.
Judges
The Lord Faulks KC
Summary
The Court considered applications to set aside an arbitration award issued under the AIFC Arbitration Rules. The Court dismissed the applications, holding that only parties to the arbitration have standing and that no grounds, including violation of public policy, were established. The arbitration award remains valid and enforceable.
Judges
The Lord Faulks KC
Summary
The Court considered an application by the Claimant to recognize and enforce an arbitration award issued by the International Arbitration Centre of Kazakhstan in 2025. The Court Order partially satisfied the claims, requiring the Defendants to pay the principal debt, penalties for delay and non-performance, and arbitration-related expenses on a joint and several basis. The remaining claims were dismissed, and the Defendants may apply to set aside the Court Order within 14 days, with enforcement suspended during that period.