Legal Case Summary

Anatolie Stati v. Republic of Kazakhstan


Date Argued: Wed Nov 28 2018
Case Number: 18-7047
Docket Number: 8341393
Judges:Wilkins, Katsas, Randolph
Duration: 30 minutes
Court Name: D.C Circuit

Case Summary

### Case Summary: Anatolie Stati v. Republic of Kazakhstan **Docket Number:** 8341393 **Court:** [Specify court if known, e.g., International Court of Arbitration, etc.] **Date:** [Specify date of the decision, if known] #### Parties: - **Claimant:** Anatolie Stati, an investor with interests in the energy sector. - **Respondent:** Republic of Kazakhstan, a state in Central Asia. #### Background: The case arises from an investment dispute between Anatolie Stati and the Republic of Kazakhstan, primarily concerning violations of the bilateral investment treaty (BIT) between Kazakhstan and the investor's home country. Stati, through his company, made significant investments in Kazakhstan's oil and gas sector. #### Claims: Stati alleged that the Republic of Kazakhstan engaged in a series of actions that amounted to expropriation of his investments without compensation. Furthermore, he claimed that the actions of the state constituted a violation of the fair and equitable treatment standard under international law, as well as other obligations under the BIT. #### Key Issues: 1. **Expropriation:** Whether Kazakhstan's actions led to the expropriation of Stati's investments without adequate compensation. 2. **Fair and Equitable Treatment:** Whether Kazakhstan violated its obligations under international law to provide fair and equitable treatment to foreign investors. 3. **State Responsibility:** The extent to which Kazakhstan is liable for the actions taken against Stati's investments. #### Procedural History: The case was brought before an arbitration tribunal, and both parties presented extensive evidence and arguments. The tribunal conducted hearings and examined the regulatory framework governing investment in Kazakhstan, as well as the actions taken by the state regarding Stati's business operations. #### Tribunal Decision: The tribunal ultimately ruled in favor of Anatolie Stati, determining that the Republic of Kazakhstan had breached its obligations under the BIT by expropriating his investments without providing just compensation. The tribunal ordered Kazakhstan to compensate Stati for the damages incurred, which included the value of his investments and any consequential losses. #### Implications: This case highlights the challenges faced by investors in countries with evolving regulatory environments and emphasizes the enforcement of international investment protections. The ruling serves as a precedent for other cases involving allegations of state expropriation and unfair treatment under investment treaties. #### Conclusion: Anatolie Stati v. Republic of Kazakhstan underscores the importance of protecting investor rights and the obligations of states under international law. The decision of the tribunal reflects the principles of fairness and justice in international investment arbitration, reinforcing the legal framework protecting foreign investments. --- *Note: Please verify specific details such as the date and court, as they were not provided in your request.*

Anatolie Stati v. Republic of Kazakhstan


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