Kazakhstan: Motion For Sanctions In Arbitration Dispute Was Filed In Bad Faith

Mealey's (December 20, 2019, 11:59 AM EST) -- WASHINGTON, D.C. — A motion for sanctions and contempt filed by the foreign owners of two Republic of Kazakhstan companies whose rights to explore and develop oil and gas fields in Kazakhstan was canceled “is frivolous and filed in bad faith solely for the purpose of harassment,” Kazakhstan argues in opposition filed Dec. 16 in the U.S. District Court for the District of Columbia (Anatolie Stati, et al. v. Republic of Kazakhstan, No. 14-1638, D. D.C.)....