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News 04 Aug. 2020

Curtis Secures Comprehensive Victory for Kazakhstan in Mining Case

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On July 30, 2020, an UNCITRAL tribunal rendered a unanimous decision dismissing a multimillion dollar claim brought by Gold Pool JV Ltd. against the Republic of Kazakhstan for lack of jurisdiction, and ordering Gold Pool to pay Kazakhstan for all costs incurred in the arbitration. In its decision, the tribunal held that Kazakhstan was not bound by the 1989 USSR-Canada bilateral investment treaty.

Curtis has won a number of cases for Kazakhstan recently, including a notable victory earlier this year for the state’s Committee of Roads in a construction dispute.

The Curtis team was led by senior counsel Mark O’Donoghue, and included partner Alexandra Maier, senior international consultant Tullio Treves, counsels Alice Venturini and Marat Umerov, and associates Yerzhan Mukhitdinov, Iryna Voronov and Andrew Larkin.

Click here for the Ministry of Justice of the Republic of Kazakhstan’s Press Statement.

Click here for Global Arbitration Review’s article.

Click here for Investment Arbitration Reporter’s article.