Region: Kyrgyzstan

A US company has brought a treaty claim against Kyrgyzstan over its ban on uranium mining, the first to be filed under the ICSID Convention since the central Asian state became a party to the instrument earlier this year.

20 September 2022

Canadian miner Centerra Gold has completed a transaction with Kyrgyzstan to resolve their dispute over the seizure of one of the largest gold mines in central Asia – despite a last-minute effort by Burford Capital and others to halt the settlement.

15 August 2022

A Hong Kong-seated tribunal has ordered Kyrgyzstan to pay damages to a Russian state-owned hydroelectric company in a treaty claim over a frustrated project to build four power plants.

19 July 2022

A Burford Capital subsidiary has won default judgment in its bid to enforce a US$25 million investment treaty award against Kyrgyzstan after the state failed to show up for the US proceedings.

15 June 2022

Flore Poloni, Thibaud Roujou de Boubée and Kimberley Bazelais of Signature Litigation in Paris explain why the French Court of Cassation’s recent decision to affirm the annulment of an investment treaty award because of signs of money laundering is less than satisfactory.

19 May 2022

Kyrgyzstan is finally to become a party to the ICSID Convention, which it signed 27 years ago, in 1995, but never acceded to after a ratification instrument signed by the then-president mysteriously disappeared on the way to the Kyrgyz embassy in Washington, DC.

22 April 2022

Kyrgyzstan has reached an agreement with Canadian mining company Centerra Gold that paves the way for the parties to settle an UNCITRAL dispute over the state’s seizure of one of the largest gold mines in central Asia.

04 April 2022

France’s Court of Cassation has refused to reinstate a US$15 million investment treaty award against Kyrgyzstan that was annulled because of indications of money laundering.

24 March 2022

Kyrgyzstan says it has defeated a claim worth nearly US$300 million over the alleged expropriation of a mobile operator, with a tribunal finding the investment was tainted by corruption.

12 October 2021

Canada’s Centerra Gold has asked a sole arbitrator to block Kyrgyzstan from causing “irreparable damage” to a mining project it seized earlier this year.

28 September 2021