Kazakhstan would welcome new arbitration in Stati dispute
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Ministry of Justice of the Republic of Kazakhstan: Kazakhstan Responds to Stati Notice of Dispute
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Kazakhstan Responds to Stati Notice of Dispute | Business & Finance
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In Kazakhstan’s mammoth legal battle with two Moldovan investors, the pendulum is swinging in favour of the Central Asian state
May 25, 2021
Kazakhstan claims that two Moldovan investors, Anatol and Gabriel Stati, fraudulently won an arbitration award of 500 million US dollars. Several of the world’s leading experts in international arbitration agree. The country’s efforts to defend itself against enforcement of the award are beginning to bear fruit.
An ongoing dispute between the state of Kazakhstan and two Moldovan businessmen, Anatol Stati and his son, Gabriel Stati, is often described in the media, and by legal experts, as one of the most complex cases of international investment arbitration in recent history.