Caratube fails to lift stay of Kazakhstan award
Kazakhstan
An ICSID committee has refused to lift a stay of enforcement of Caratube’s US$39 million award against Kazakhstan – rejecting arguments that the state is a “serious serial defaulter” and finding that the oil company had failed to justify its failure to pay an earlier costs award in the state’s favour.
To read more
Subscribe to Global Arbitration Review
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Arbitration Review experts.
Subscribe now