Republic of Kazakhstan v Anatolie Stati - Gabriel Stati - Ascom Group SA - Terra Raf Trans Traiding Ltd - Stockholm District Court Case No T 10498-17 - Final Decision - English - 24 January 2018
Country
Year
2018
Summary
FINAL DECISION
1. The Republic of Kazakhstan's request that the application shall be rejected is dismissed.
2. The District Court orders attachment of property belonging to the Republic of Kazakhstan located in Sweden to the amount sufficient to cover Antatolie Stati's, Gabriel Stati's, Ascom Group S.A's and Terra Raf Trans Traiding Ltd's claim for a) USD 8,975,496.40, and b) USD 497,685,101, with interest calculated in accordance with a yearly interest rate corresponding to the average interest for six months' American treasury bills from 30 April 2009 to the day for payment, but no longer than the date when the award rendered on 19 December 2013 in Stockholm Chamber of Commerce' case no. V (116/2010), with correction on 17 January 2014, has been enforced against the Republic of Kazakhstan.
3. The Republic of Kazakhstan shall pay each one of Anatolie Stati, Gabriel Stati, Ascom Group S.A and Terra Raf Trans Traiding Ltd their legal costs amounting to SEK 193 200 with interest calculated in accordance with Section 6 of the Swedish Interest Act, from this day until payment is made. Of the amount of SEK 193,200, cost for legal counsel is SEK 192,500.