Republic of Kazakhstan v Anatolie Stati - Gabriel Stati - Ascom Group SA - Terra Raf Trans Traiding Ltd - SVEA Court Of Appeal Judgment Case no T 2675-14 - English - 09 December 2016
Country
Year
2016
Summary
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HOLDING
1. The Court of Appeal dismisses the Republic of Kazakhstan’s action.
2. The Republic of Kazakhstan shall compensate Ascom Group S.A. for litigation costs in the amounts of SEK 4,614,358 and USD 337,400.65, of which SEK 3,969,852 relates to counsel fees, as well as interest on the two first-mentioned amounts pursuant to section 6 of the Interest Act (SFS 1975:635), from the date of the Court of Appeal’s judgment until such time as payment is made.
3. The Republic of Kazakhstan shall compensate Anatolie Stati for litigation costs in the amounts of SEK 4,114,357 and USD 377,400.65, of which SEK 3,969,582 relates to counsel fees, as well as interest on the two first-mentioned amounts pursuant to section 6 of the Interest Act, from the date of the Court of Appeal’s judgment until such time as payment is made.
4. The Republic of Kazakhstan shall compensate Gabriel Stati for litigation costs in the amounts of SEK 4,114,357 and USD 377,400.65, of which SEK 3,969,582 relates to counsel fees, as well as interest on the two first-mentioned amounts pursuant to section 6 of the Interest Act, from the date of the Court of Appeal’s judgment until such time as payment is made.
5. The Republic of Kazakhstan shall compensate Terra Raf Trans Traiding Ltd for litigation costs in the amounts of SEK 4,114,357 and USD 377,400.65, of which SEK 3,969,582 relates to counsel fees, as well as interest on the two first-mentioned amounts pursuant to section 6 of the Interest Act, from the date of the Court of Appeal’s judgment until such time as payment is made.
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