JSC BTA Bank v Mukhtar Ablyazov & Ors (May 2011)
Judgment Date: 10 May 11
Summary An insolvent Kazakh bank had not abused the court process by pursuing actions to recover misappropriated assets. Although it was arguable that the President of Kazakhstan had persuaded the bank to bring the actions in order to eliminate a political opponent, it was unrealistic to suppose that the proceedings...