Nationale Bank van Kazachstan v Anatolie Stati, Gabriel Stati, Ascom Group SA, Terra Raf Trans Traiding Ltd - Hof van beroep Brussel - Rolnummer 2018-AR-1209 2018-AR-1214 - Arrest - Dutch - 29 Juni 2021
Country
Year
2021
Summary
The Brussels Court of Appeal on June 29, 2021, rejected the appeals brought by the Republic of Kazakhstan and the National Bank of Kazakhstan (NBK) against an attachment of Kazakhstan's state assets in Belgium. The attachment followed Kazakhstan's continued unlawful refusal to pay a US$545 million final and binding arbitral award in the Stati parties' favor in December 2013.
