By Dorothy Atkins (June 15, 2022, 3:20 PM EDT) — A Washington, D.C., federal decide has granted default judgment towards Kyrgyzstan, confirming a $15 million arbitration award plus $3 million in authorized prices to the assignee of Canadian-based Stans Vitality and its subsidiary, which alleged the Asian nation illegally took over their stakes within the Kyrgyz uranium sector and mines.
In a 16-page opinion on Tuesday, U.S. District Choose Amy Berman Jackson concluded that the nation of Kyrgyzstan will not be immune beneath the Overseas Sovereign Immunities Act from the lawsuit in search of to implement the August 2019 arbitration award and that the nation has been correctly served, however nonetheless failed to look in…
Keep forward of the curve
Within the authorized career, data is the important thing to success. It’s a must to know what’s occurring with purchasers, rivals, follow areas, and industries. Law360 gives the intelligence it’s essential stay an skilled and beat the competitors.
Entry to case knowledge inside articles (numbers, filings, courts, nature of swimsuit, and extra.)
Entry to hooked up paperwork reminiscent of briefs, petitions, complaints, selections, motions, and many others.
Create customized alerts for particular article and case matters and a lot extra!
