Svea Court Petrobart decision - JUDGMENT Case no. T 5208-05 (English translation)
Article from: OGEL 2 (2007), in Cases & Commentaries
Petrobart Limited (Petrobart), which is an association registered in Gibraltar, did 1998 enter into an agreement regarding supply of condensed gas with Kyrgyzgazmunaizat Joint Stock Company (KGM), which is one of the Republic of Kirgizstan (the Republic) government controlled associations. Petrobart delivered according to the agreement but did not get paid. Therefore Petrobart sued KMG in a local court in Kirgizstan and Petrobart's claim was granted by the local court. However, before the judgement was executed KGM was declared bankrupt In 2000 Petrobart initiated an ...