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Law 360, Hedge Fund Wants Out Of Kazakhstan’s $506M Award Suit

By 26 Апрель 2022#!30Пн, 20 Июн 2022 15:46:16 +0100p1630#30Пн, 20 Июн 2022 15:46:16 +0100p-3Europe/London3030Europe/Londonx30 20пп30пп-30Пн, 20 Июн 2022 15:46:16 +0100p3Europe/London3030Europe/Londonx302022Пн, 20 Июн 2022 15:46:16 +0100463466ппПонедельник=116#!30Пн, 20 Июн 2022 15:46:16 +0100pEurope/London6#Июнь 20th, 2022#!30Пн, 20 Июн 2022 15:46:16 +0100p1630#/30Пн, 20 Июн 2022 15:46:16 +0100p-3Europe/London3030Europe/Londonx30#!30Пн, 20 Июн 2022 15:46:16 +0100pEurope/London6#СМИ

A hedge fund and its founder are urging a New York state court to toss litigation filed by Kazakhstan accusing them of conspiring with Moldovan oil and gas investors to secure an allegedly fraudulent half-billion-dollar arbitral award.

In an attempt to have the Kazakhstan allegations against them permanently dismissed, Argentem Creek Holdings LLC; its CEO, Daniel Chapman; and its related entities argued that the Central Asian country is using its resources to harass the hedge fund and prolong any and all litigation in order to avoid paying an arbitration award that was granted nearly a decade ago by the Stockholm Chamber of Commerce.

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