Anatolie Stati - Gabriel Stati - Ascom Group SA - Terra Raf Trans Traiding Ltd v Republic of Kazakhstan - Dutch Speaking Court of First Instance of Brussels, Decision, Attachment chamber, civil matters, Docket Number 2017/4282/A, Recorded under 2018/6385 - English - 25 May 2018
Country
Year
2018
Summary
FOR THESE REASONS THE ATTACHMENT JUDGE,
Deciding in first instance and on an inter partes basis;
Acknowledges the voluntary intervention of the National Bank of the republic Kazakhstan and of the Bank of New York Mellon;
Declares the claims of the republic Kazakhstan, the National Bank of the republic Kazakhstan and the Bank of New York Mellon admissible but unfounded;
Limits the object of the conservatory third party attachment of 13 October 2017 to an amount of 530 million USD;
Orders the republic of Kazakhstan and the National Bank of the republic Kazakhstan to pay the costs of the proceedings of the defendants in third party opposition (referred to as the STATI parties), estimated at the amount of 1.440 EUR (procedural indemnity);
Thus pronounced at the public hearing of the attachment chamber of the Dutch language court of first instance Brussels, on 25 May 2018.
where were present and sat as member:
Mrs. Anouk DEVENYNS, vice-president and attachment judge,
Mrs. Tania COUCK, delegated court registrar.