Kyrgyzstan


Kyrgyz Republic defeated in jurisdiction challenge to UNCITRAL investment award
The key issue in the case concerned the proper interpretation of the dispute resolution provision in the 2003 Investment Law, which was the basis for jurisdiction.
Kyrgyz Republic’s experience with investment treaties and arbitration cases
The Kyrgyz Republic currently faces investment claims in the proximity of 1 billion USD, arising out of investment dispute settlement cases.
Paris Court of Appeal sets aside an award on the basis of serious indications of money laundering
Allegations of corruption and criminal activity have been used increasingly in recent years in French courts to argue for the setting aside of arbitral awards on the grounds of a breach of international public policy.
Kyrgyz Republic moves to set aside Stans UNCITRAL jurisdiction ruling
The Kyrgyz Republic has notified Stans that it filed a claim with the High Court of Justice to set aside the jurisdictional award rendered by the UNCITRAL Tribunal in favor of Stans.
Manas Bank v. Kyrgyz Republic: Paris Appeals Court annuls $16.5 million award for Valeri Belokon
The Paris Appeals Court annuled $16.5 million award for Latvian businessman Valeri Belokon and reinstated the evidence that Manas Bank employees were engaged in money laundering.
Stans Energy prevails in preliminary jurisdictional phase before UNCITRAL arbitration against the Kyrgyz Republic
The Tribunal has unanimously rejected the Respondent's preliminary jurisdictional objections and opened the way for adjudication of the merits.
India, Kyrgyzstan initiate Bilateral Investment Treaty talks
India and Kyrgyzstan initiated talks to conclude a Bilateral Investment Treaty (BIT) that will seek to boost investments between the two nations and protect investors’ interests.
Centerra Gold shares ruled the property of Kyrgyzaltyn JSC by Ontario Superior Court
The Ontario Superior Court of Justice ruled that Centerra Gold shares are the property of Kyrgyzaltyn JSC not the Kyrgyz Republic.
Centerra Gold delivers notice of arbitration to Kyrgyz Republic Government
Centerra Gold Inc.reports that it has delivered a notice of arbitration to the Kyrgyz Republic Government in connection with certain ongoing disputes relating to the Kumtor mining project.
CIS FTA effective for Kyrgyzstan from 12 January 2014
The CIS Free Trade Agreement will come into effect for Kyrgyzstan on 12 January 2014, BelTA learnt from the legal department of the CIS Executive Committee.