Judge Rejects Kazakhstan’s Arguments, Confirms $497M Award For Investors

(March 26, 2018, 11:41 AM EDT) -- WASHINGTON, D.C. — A District of Columbia federal judge on March 23 rejected several defenses to enforcement submitted by the Republic of Kazakhstan, denying its motion for reconsideration of a decision that refused its request to submit new evidence and granting a petition to confirm a $497,685,101 Swedish arbitral award issued for investors (Anatoli Stati, et al. v. Republic of Kazakhstan, No. 14-1638, D. D.C., 2018 U.S. Dist. LEXIS 48140)....

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