DECISION OF THE SVEA COURT OF APPEAL, JUDGMENT RENDERED 19 JANUARY 2007 IN CASE NO. T 5208-05, “KYRGYZ REPUBLIC V. PETROBART LIMITED”

DECISION OF THE SVEA COURT OF APPEAL, JUDGMENT RENDERED 19 JANUARY 2007 IN CASE NO. T 5208-05, “KYRGYZ REPUBLIC V. PETROBART LIMITED” [SEAL] JUDGMENT, Case No T 5208-05 19 January 2007, Section 1602, Svea Court of Appeal, Division 16 Stockholm

Claimant

Kyrgyz Republic

Bisjkek 720000 Dom Pravitelstva

Representatives

Michael Mohammar and Martin Karlsson, Members of the Swedish Bar

Box 14240, SE-104 40 Stockholm

Respondent

Petrobart Limited

Suites 7b–8b, 50 Town Range, Gibraltar

Representatives

Fred Wennerholm, Johan Sidklev and Johan Strömbäck, Members of the Swedish Bar

Setterwalls Advokatbyrå

Arsenalsgatan 6, SE-111 47 Stockholm

Matter: Challenge to an arbitral award

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Ruling of The Court of Appeal

1. The Court of Appeal refuses the claimant’s action.

2. The Kyrgyz Republic shall compensate Petrobart Limited for litigation costs in the Court of Appeal in the amount of SEK 450 000