AIFC Court

Defended a major oil and gas company before the AIFC Court against a claim exceeding USD 200 million arising from the sale of shares in an oil and gas company, successfully securing the client’s removal as a defendant.

Acted as independent expert before the AIFC Court in Freedom Finance JSC v. Egor Romanyuk (Case No. AIFC-C/CFI/2023/0023), a USD 5 million commercial dispute concerning an alleged breach of a Settlement and Release Agreement. A central issue was the application of Article 297 of the Kazakhstan Civil Code relating to the reduction of contractual penalties. The expert’s 40-page report was adopted in full by Judge Sir Rupert Jackson (former Lord Justice of Appeal of England and Wales), whose judgment agreed with the expert’s position on disputed issues. The decision established a key precedent for the interpretation of Article 297 of the Kazakhstan Civil Code in the AIFC Court.