Cases

Kazakhstan Kazagy Kazakhstan Kagazy plc and others v Arip [2014] EWCA Civ 381

In one of the largest worldwide freezing injunction cases in the Commercial Court in 2013, the firm acted for the London-listed claimant Kazakhstan Kagazy Plc in a US $ 150 million claim against two former shareholders. In a judgment in 2014, the Court of Appeal unanimously rejected Mr Arip’s appeal seeking to dismiss the £72 million worldwide freezing injunction imposed on him and another shareholder, Baglan Zhunus. The case also involved issues of limitation, reflective loss, and the duty of full and frank disclosure on without notice applications for worldwide freezing injunctions. 

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