2010
Stati and others v. Kazakhstan Ascom Group S.A., Anatolie Stati, Gabriel Stati and Terra Raf Trans Traiding Ltd. v. Republic of Kazakhstan (SCC Case No. 116/2010)
Kazakhstan
Moldova, Republic of

Romania

Gibraltar
Rights under certain subsoil use contracts held by Ascom's local operating companies, KPM and TNG; capital contributions for oil exploration and development; assets and infrastructure related to oil field operations, including a Liquid Petroleum Gas plant.
Claims arising out of the alleged campaign of harassment by the Kazakh State which culminated with the abrupt cancellation of oil and gas exploration contracts held by claimant's local operating companies, followed by the seizure of its Kazakh assets.
Primary: B - Mining and quarrying
6 - Extraction of crude petroleum and natural gas
SCC (Stockholm Chamber of Commerce)
SCC (Stockholm Chamber of Commerce)
Böckstiegel, K.-H.
Haigh, D.
Lebedev, S. N.
Decided in favour of investor
2631.00 mln USD
497.00 mln USD
Direct expropriation

Indirect expropriation

Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Full protection and security, or similar

Umbrella clause

Arbitrary, unreasonable and/or discriminatory measures

Other
Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims
http://globalarbitrationreview.com/news/article/28726/kazakhstan-hit-new-ect-claim/ (requires subscription)
http://globalarbitrationreview.com/news/article/32145/moldovan-investors-win-record-damages-against-kazakhstan/ (requires subscription)
http://www.prnewswire.com/news-releases/ascom-takes-government-of-kazakhstan-to-stockholm-court-of-arbitration-under-the-international-energy-charter-treaty-102416259.html
http://www.iareporter.com/articles/20140218_3 (requires subscription)
http://www.iareporter.com/articles/20100916_4 (requires subscription)
http://www.oilvoice.com/n/Tristan_Oil_announces_506_million_arbitration_award_against_Republic_of_Kazakhstan/eafccd01016a.aspx
http://www.tristanoil.com/
http://www.kslaw.com/News-and-Insights/NewsDetail?us_nsc_id=7140
http://www.iareporter.com/articles/20140523_2 (requires subscription)
http://www.energycharter.org/what-we-do/dispute-settlement/investment-dispute-settlement-cases/28-anatolie-and-gabriel-stati-ascom-group-sa-terra-raf-trans-traiding-ltd-v-kazakhstan/
http://www.iareporter.com/articles/kazakhstan-fails-in-bid-to-set-aside-half-billion-dollar-energy-charter-treaty-award/ (requires subscription)
http://globalarbitrationreview.com/article/1078672/ect-award-survives-fraud-challenge-in-sweden (requires subscription)
http://www.cisarbitration.com/2017/01/10/ascom-case-the-kazakhstans-request-to-set-aside-is-rejected-the-scc-award-was-not-fraudulent/
http://globalarbitrationreview.com/article/1142650/kazakhstan-gets-chance-to-plead-fraud-in-london (requires subscription)
https://www.iareporter.com/articles/english-court-will-hold-trial-to-assess-whether-alleged-fraud-was-perpetrated-on-kazakhstan-in-relation-to-500-million-energy-charter-treaty-award/ (requires subscription)
https://www.transnational-dispute-management.com/downloads/18887_case_report_stati_v_kazakhstan_june_2017.pdf
https://www.iareporter.com/articles/stati-and-ascom-v-kazakhstan-uk-appeals-court-allows-claimants-to-avoid-fraud-trial-after-they-decide-to-abandon-enforcement-efforts-in-that-jurisdiction/ (requires subscription)
https://www.transnational-dispute-management.com/legal-and-regulatory-detail.asp?key=21912