Region: Kyrgyzstan

Kyrgyzstan says it has defeated a US$50 million investment treaty claim brought by a Kazakh state-owned entity over construction of a ferroalloys plant.

29 September 2023

Kyrgyzstan has asked a US court to annul a US$33 million ICSID additional facility award in favour of four Uzbek investors over the expropriation of four lakeside resorts – putting the award in the public domain.

08 August 2023

A Canadian appeal court has rejected a bid by one of Kyrgyzstan’s arbitral creditors to attach a US$50 million payment made by a Canadian mining company to settle an unrelated investment dispute with the Central Asian state.

15 May 2023

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