Maksat Arip Provides Update Re. Court Proceedings

Autor: Maksat Arip
Zdroj: Business Wire (English). 01/27/2015.
Abstrakt: Maksat Arip is pleased to provide the following update on the English Commercial Court’s ruling of 21 January: A $300 million claim by Kazakhstan Kagazy PLC (‘KK’) against Mr Arip and Mrs Sholpan Arip was dismissed in its entirety After a two day hearing, the Honourable Mr Justice Leggatt found that the claim by KK PLC did not have any prospect of success on both factual and legal grounds and that KK PLC’s claim was unsupported by the evidence The KK companies were therefore required by the Judge to pay a substantial sum to Mr and Mrs Arip in respect of their costs The Judge also refused permission to appeal against this decision [ABSTRACT FROM PUBLISHER]
Databáze: Regional Business News
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