Arbitral Digest

Matter

Gusar New Technologies Limited Liability Company v Zhenis Operating Limited Liability Partnership

AIFC proceedings concerned Gusar New Technologies’ application to set aside an AIAC award against Zhenis Operating; the court rejected challenges concerning the respondent, a buy-back remedy and sanctions.

  • International commercial arbitration
  • Setting aside arbitral awards

Procedural record

  1. 29 May 2026Kazakhstan

    29 May 2026Kazakhstan

    Judgment of the AIFC Court in the case AIFC-C/CFI/2025/0074 dated 29 May 2026

    AIFC Court

    Case no.
    AIFC-C/CFI/2025/0074
    Decision summary
    The AIFC Court dismissed Gusar New Technologies Limited Liability Company's application to set aside the AIAC award. It rejected challenges concerning the proper respondent, the Tribunal's treatment of the unused-equipment buy-back remedy, and sanctions.

    Participants

    Gusar New Technologies Limited Liability Company
    Zhenis Operating Limited Liability Partnership
    AIFC Court
    Judge
    Sir Rupert Jackson

Matter record

Report a correction

Gusar New Technologies Limited Liability Company v Zhenis Operating Limited Liability Partnership · Matter