Belgian Court Of Appeal Reverses Enforcement Of Award Against Kazakhstan

Mealey's (November 22, 2021, 11:14 AM EST) -- BRUSSELS, Belgium — The Brussels Court of Appeal in Belgium on Nov. 16 reversed a lower court’s order enforcing an arbitral award worth more than $500 million against the Republic of Kazakhstan in favor of a group of oil investors after finding that the award was based on auditing reports that were later withdrawn....

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